AI Bias Analysis
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Glencore Plc. and Mercuria Energy Trading SA agreed to increase liquefied natural gas purchases under 20-year deals with an export terminal Kimmeridge Energy Management Co. is developing in Louisiana, according to people familiar with the matter.
Source
Bloomberg Markets
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President Donald Trump said that Iran "better stop now" if it's charging fees to oil tankers passing through the Strait of Hormuz.
Gold steadied after three days of gains, with US President Donald Trump saying he is “optimistic” about a deal with Iran despite the continued closure of the Strait of Hormuz.
Oil opened higher Friday and US stock futures wavered as Israeli strikes in Lebanon and the continued closure of the Strait of Hormuz damped optimism over a ceasefire to the Iran war.
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