Multiple energy developments reported: Saudi Arabia resumed crude loading and sales in the Strait of Hormuz; Iraq approved a three-month crude export mechanism from September 1; Venezuela expects crude output to reach 1.245 million bpd by end-August; Trump paused 50% tariffs on Canada for three days with Keystone XL pipeline potentially resuming; copper cash-to-3M spread hit $110, highest since 2021; UAE suspended all trade finance with Iran; Houthis claimed drone strike on Saudi refinery; Hormuz vessel transit count remains low at six ships Tuesday.
Jin1008/19, 12:53 PM
- 9.10%
- 5.79%
- $110
- 3%
Figures as quoted by Jin10
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Jin1008/19, 01:28 PM
Reuters08/19, 10:00 AM
MarketWatch08/19, 09:42 AM
Trump has put new 50% tariffs on some Canadian goods on hold.