Anthropic sets IPO price range valuing it at up to $1.4tnRussia, Ukraine and US resume Abu Dhabi talks as Europe's role is contestedTrump calls Iran war "effectively over" as Tehran denies talksNvidia shares fall as FBI and board probe CEO Huang's affairSaudi Arabia intercepts missiles over Riyadh as Houthi war escalatesHot US inflation cements Fed hike as ECB and Bank of England lean toward more tighteningThree tankers burn in Hormuz as US and Iran contest the straitRussia hits Ukraine's grid and Dnipro bridges as Ukrainian drones hit Russian industryArrests ordered after deadly Izmir steel plant explosionHegseth calls impeachment bid 'sabotage' as House vote nearsAustralia to create AI safety regulator after OpenAI agent breachFrance summons Iran's envoy and weighs sanctions over supermarket fridge cyberattackBrazil tables fossil-fuel exit roadmap at COP31 as Guterres urges actionChina's trade surplus passes $1 trillion as exports keep surgingUS moves tankers from second UK base after Iran threatGaza floods leave tents under water as Israeli strikes go onOil falls below $90 as Hormuz LNG and crude flows recoverSoftBank swings to loss while TSMC shows resilient AI chip demandCanary Islands declare emergency as nearly 6,000 migrants arrive in ten daysIran lifts 2,000 km missile range limit and unveils underground missile cityMerz threatens to block EU budget unless all members share Ukraine fundingFog-driven motorway pile-up kills at least 12 in BulgariaPoland mourns Krakow shooting victims as gunman's interest in Breivik emergesUS, China and Russia struggle to agree format for planned APEC leaders' meetingViolence in northern Nigeria drives tens of thousands into NigerIsrael's new Knesset sworn in without a governmentIndonesian vice president Gibran to resign, presidential office saysRussia-linked espionage arrests in Poland and the UK, including a US soldierCalifornia voters reject one-time billionaire wealth taxGulf states approve military command headquarters in KuwaitParaguay reimburses depositors after Ueno Bank seizureBangladesh tribunal warns Hasina faces execution if she returnsIsraeli forces kill 14-year-old in West Bank as arson attacks continueHungary detains Viktor Orbán's brother in people-smuggling probeGovernments tighten rules on minors' online safety and AI assistantsData-centre backlash grows in the US, Nordic Europe and ThailandAlibaba's chip unit T-Head files confidentially for Hong Kong IPOPope Leo draws an estimated 2.5 million to Mass in Buenos AiresMalaysian court clears Najib to start house arrestPentagon removes WuXi AppTec from list of Chinese military companiesUS skips UN human rights review againLast Russian diesel tanker bound for US turns backSpanish train drivers strike after two deadly crashes as nationwide walkout loomsSaudi liquidity squeeze adds pressure as PIF weighs fundraisingEgypt detains rail staff as inquiry finds safety failures before deadly crashAnthropic sets IPO price range valuing it at up to $1.4tnRussia, Ukraine and US resume Abu Dhabi talks as Europe's role is contestedTrump calls Iran war "effectively over" as Tehran denies talksNvidia shares fall as FBI and board probe CEO Huang's affairSaudi Arabia intercepts missiles over Riyadh as Houthi war escalatesHot US inflation cements Fed hike as ECB and Bank of England lean toward more tighteningThree tankers burn in Hormuz as US and Iran contest the straitRussia hits Ukraine's grid and Dnipro bridges as Ukrainian drones hit Russian industryArrests ordered after deadly Izmir steel plant explosionHegseth calls impeachment bid 'sabotage' as House vote nearsAustralia to create AI safety regulator after OpenAI agent breachFrance summons Iran's envoy and weighs sanctions over supermarket fridge cyberattackBrazil tables fossil-fuel exit roadmap at COP31 as Guterres urges actionChina's trade surplus passes $1 trillion as exports keep surgingUS moves tankers from second UK base after Iran threatGaza floods leave tents under water as Israeli strikes go onOil falls below $90 as Hormuz LNG and crude flows recoverSoftBank swings to loss while TSMC shows resilient AI chip demandCanary Islands declare emergency as nearly 6,000 migrants arrive in ten daysIran lifts 2,000 km missile range limit and unveils underground missile cityMerz threatens to block EU budget unless all members share Ukraine fundingFog-driven motorway pile-up kills at least 12 in BulgariaPoland mourns Krakow shooting victims as gunman's interest in Breivik emergesUS, China and Russia struggle to agree format for planned APEC leaders' meetingViolence in northern Nigeria drives tens of thousands into NigerIsrael's new Knesset sworn in without a governmentIndonesian vice president Gibran to resign, presidential office saysRussia-linked espionage arrests in Poland and the UK, including a US soldierCalifornia voters reject one-time billionaire wealth taxGulf states approve military command headquarters in KuwaitParaguay reimburses depositors after Ueno Bank seizureBangladesh tribunal warns Hasina faces execution if she returnsIsraeli forces kill 14-year-old in West Bank as arson attacks continueHungary detains Viktor Orbán's brother in people-smuggling probeGovernments tighten rules on minors' online safety and AI assistantsData-centre backlash grows in the US, Nordic Europe and ThailandAlibaba's chip unit T-Head files confidentially for Hong Kong IPOPope Leo draws an estimated 2.5 million to Mass in Buenos AiresMalaysian court clears Najib to start house arrestPentagon removes WuXi AppTec from list of Chinese military companiesUS skips UN human rights review againLast Russian diesel tanker bound for US turns backSpanish train drivers strike after two deadly crashes as nationwide walkout loomsSaudi liquidity squeeze adds pressure as PIF weighs fundraisingEgypt detains rail staff as inquiry finds safety failures before deadly crash
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Symbolic image: Oil falls below $90 as Hormuz LNG and crude flows recoverSymbolic image

Oil falls below $90 as Hormuz LNG and crude flows recover

10 sources

Oil fell below $90 on Tuesday for the first time since August after Trump pulled back from a threat to strike Iran, the Financial Times and Handelsblatt report. Strait of Hormuz LNG traffic in October was the highest since the Iran war began, according to The Hindu, and China's oil imports rebounded as more crude flowed from the Persian Gulf, Bloomberg reports.

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