Oil
Trump announces U.S.-Iran peace deal set for June 19 signing
Reported by AI Image generated by AI
President Donald Trump said the United States and Iran reached a peace deal over the weekend that will be signed on June 19. The agreement calls for the reopening of the Strait of Hormuz and the removal of the U.S. naval blockade.
Local assets traded mixed on Monday, June 15, driven by Argentina's sovereign rating upgrade and the United States-Iran agreement.
Reported by AI
JP Morgan’s country risk index fell on Monday, June 15, to 425 basis points, its lowest level since April 2018. The drop followed the announcement of a preliminary agreement between the United States and Iran to reopen the Strait of Hormuz.
Energy and Petroleum Minister Opiyo Wandayi announced on Friday June 5, 2026 that Kenya will begin producing crude oil from Turkana County before the end of the year.
Reported by AI
Mercuria Energy Group Ltd. will acquire the Dock Sud refinery and about 700 service stations from Raízen SA in a $1.42 billion deal.
Businessman Carlos Slim Helú announced that he will invest around 5 billion dollars in Mexico during 2026 through his companies in sectors such as infrastructure, oil and telecommunications.
Reported by AI
Mexico's Attorney General is investigating accusations of labor exploitation and illegal operations by Grupo Nuvoil at a Pemex platform.
Egypt boosts Western Desert oil output by 12,000 barrels daily
June 13, 2026 06:19Oil nears two-month lows on US-Iran deal reports
June 12, 2026 11:29Kenya conducts oil spill drills in Lamu ahead of December production
June 11, 2026 15:14Asian stocks rally on Middle East peace hopes
June 11, 2026 12:15Japan's July oil imports to return to pre-Iran war level, Takaichi says
June 02, 2026 14:52Political differences emerge over Turkana oil project
June 01, 2026 20:36Fuel prices see major rollback starting today
June 01, 2026 02:58Oil marketing companies face losses despite recent price hikes
May 30, 2026 12:45Bitcoin holds range as Trump claims Hormuz reopening
May 29, 2026 12:21Shadow fleet sustains Iranian oil exports to China