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September 15, 2026
North Korea said the United States was expanding a nuclear submarine alliance that it claimed undermined global nuclear security. This comes as the fifth anniversary of the 'AUKUS' defence pact between Australia and Britain is approaching. Washington…
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September 15, 2026
A truce on energy infrastructure that President Donald Trump negotiated between Russia and Ukraine may reduce one of the most immediate threats to the global diesel market. It is unlikely that it will reverse the severe supply shortage that has developed this year.
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September 10, 2026
Paul Meilhat and his United by Ocean crew snatched the victory in the Ocean Race Atlantic's inaugural race on Thursday. They overtook American skipper Francesca Clapcich, 11th Hour Racing's crew in the final mile off Brittany's coast. The French IMOCA…
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September 8, 2026
Italian private equity firm Renaissance Partners announced that it has agreed to buy interiors maker De 'Wave Group, located in Genoa, from Californian investment company Platinum Equity. The deal was reported earlier on Tuesday. A source with…
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September 8, 2026
Californian investment firm, Platinum Equity, is set to sell De Wave Group to Italian counterpart Renaissance Partners, in a deal valued at around EUR400m ($465m), according to a source close to the matter. Platinum, the Beverly Hills-based firm founded by U.S.
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September 4, 2026
Want to find inspiration? Every Friday, Weekend Reads highlights what the Open Interest team have been reading, watching, and listening to. This week's selections include AI's growing footprint, ghost data centers, critical minerals and China's energy transition. This weekend we are reading...
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August 28, 2026
The U.S. president Donald Trump initially said that the Iran war would only last for four to five weeks. But we are now approaching the six-month mark. The financial markets' resilience in the face of what was thought to be an impending doomsday…
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August 25, 2026
FleetPartners Group announced on Wednesday that it had received a takeover bid from a consortium led by Japan's Sumitomo Corp. The offer valued the Australian vehicle leasing provider at A$813.1m ($582.26m). The offer turns the Australian takeover…
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August 24, 2026
The U.S. has operated its refineries at near-maximum capacity for over a quarter of a century. Refineries are scrambling to take advantage of the windfall profits generated by the Iran War. History offers a warning: "Super-refining" runs can lead to major plant failures.
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July 26, 2026
Abbas Araqchi, the Iranian Foreign Minister, said on Sunday that a 'Ukrainian attack' on an Iranian commercial vessel 'cannot be ignored. Iran claimed that the attack on the Caspian sea resulted in a blast which killed one sailor, and injured another.
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July 20, 2026
Warning signs are flashing in the global oil refinery industry. As conflicts in the Middle East, Russia and other energy markets ripple across the globe, the supply chain of products that fuel the global economy is increasingly stressed. Benchmark…
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July 16, 2026
The production of large crops does not automatically lead to an excess of supply. According to the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates, released last week, the?world's grain?balance sheets appear relatively…
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August 17, 2026
Stocks of Italy's Fincantieri and South Korea's Hanwha Group rose on Friday after President Donald Trump issued a directive opening up U.S. Navy Shipbuilding to overseas yards. These companies are the ones with the biggest footprints in U.S. shipyards.
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August 11, 2026
Yemen's Transport Ministry reported that four crew members died in an attack on a cargo vessel by Iran-backed Houthis in the Bab el Mandeb Strait on Tuesday. Meanwhile, the U.S. The military claimed it had struck a container vessel that was attempting to sail towards an 'Iranian port.
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July 8, 2026
According to a German Institute for Economic Research study seen on Wednesday, Germany's?exports?to the United States could increase?by 2% in comparison to a scenario where there are no fees. According to the study, this is because German 'freight…
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July 6, 2026
The 'Globe and Mail' reported that Canada had chosen TKMS of Germany to build 12 subs for its navy. This deepens defense ties with 'Europe' ahead of a NATO summit centered around higher military spending. Sources cited in the report stated that…
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July 3, 2026
Eneos Holdings' chief financial officer said that the Iran War had disrupted Middle Eastern oil supplies. The company has stabilised its oil procurement, and is able to secure alternative crude supply through September. "We are confident about…
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June 30, 2026
European traders reported that two 'South Korean milling groups' bought 100,000 metric tonnes of'milling wheat from the United States at an international auction on Tuesday. * One group booked 50,000 tonnes?for shipment from October 15 to November '15 and the second 50…
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June 16, 2026
Abu Dhabi National Oil Company has sold 30 million barrels of spot oil to Asian refiners and traders this month, and is offering more this week. This will boost exports in the wake of the U.S. - Iran ceasefire. The United Arab Emirates producer sold cargoes containing Das…
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June 8, 2026
The largest oil supply shock since decades is now in its fourth month. There's no end in sight, as neither the U.S. or Iran appear willing to compromise. Yet the market remains surprising calm. This disconnect is a reflection of an uncomfortable…
