Posts by Liam Redmond
South Korea’s president says country must balance risk as Hormuz disruptions threaten oil supplies
South Korean authorities have been consulting with other oil-producing countries to secure alternative routes Published Mon, Apr 6, 2026 · 12:06 PM [SEOUL] South Korea must accept a degree of risk in importing crude oil from the Middle East amid blockages of the Strait of Hormuz, President Lee Jae Myung said on Monday (Apr 6).…
Read MoreOiltek to co-develop US$350 million sustainable aviation fuel facility in Sabah
[SINGAPORE] Oiltek on Monday (Apr 6) announced plans to jointly develop a US$350 million sustainable aviation fuel biorefinery in Sabah, Malaysia, with Brunei-based renewable fuel company BioSeaga Industries. The facility will have a planned capacity of 300 tonnes a day, utilising palm oil mill effluent and used cooking oil as primary feedstocks, said Oiltek. Upon…
Read MoreQatar’s LNG tankers idle across Asia as export plant stays shut
Published Mon, Apr 6, 2026 · 11:53 AM [SINGAPORE] More than four-dozen empty Qatari liquefied natural gas (LNG) tankers are idling across Asia, as the nation’s export plant remains shut and the Strait of Hormuz largely closed because of the war in the Middle East. The tankers are gathered in several locations, including West India,…
Read MoreIraq urges customers to send oil loading plans after Hormuz exemption, document shows
Somo has asked its customers to submit crude oil lifting schedules within 24 hours Published Mon, Apr 6, 2026 · 10:47 AM [SINGAPORE] Iraq’s state oil marketer Somo has asked its customers to submit crude oil lifting schedules within 24 hours, a document reviewed by Reuters showed, following media reports that Iran has exempted Iraq…
Read MoreParamount in talks for Gulf backing in Warner takeover, WSJ reports
Published Mon, Apr 6, 2026 · 09:39 AM PARAMOUNT Skydance is in talks to secure signed equity commitments of almost US$24 billion from three sovereign wealth funds led by Saudi Arabia to help back its takeover of Warner Bros Discovery, the Wall Street Journal reported on Sunday. The US entertainment giant in February said it…
Read MoreUS inflation seen spiking in first snapshot since Iran war
Published Mon, Apr 6, 2026 · 09:02 AM THE sudden increase in US petrol prices felt by American consumers is set to be on full display in key inflation data due out this coming week. Economists are penciling in a 1 per cent increase in the consumer price index for March — the sharpest one-month…
Read MoreIndian bank stocks’ US$95 billion rout may deepen on macro risks
At stake is the outlook for India’s US$4.5 trillion stock market, given banks account for nearly a third of the benchmark index Published Mon, Apr 6, 2026 · 07:50 AM [MUMBAI] More pain awaits Indian banks stocks – the biggest component of the country’s stock market, as the central bank’s moves in the currency market…
Read MoreSpaceX’s IPO may hold lessons for Singapore
When companies go public, their founders and managers should communicate a big vision rather than a plan to just deliver incremental gains [SINGAPORE] When news broke last week that Elon Musk’s SpaceX had confidentially filed for an initial public offering (IPO) in the US, I couldn’t help wondering if it was an April Fool’s Day…
Read MoreChinese bonds near inflection point as inflation outlook shifts
The brighter outlook for the world’s No 2 economy has prompted global banks to withdraw or scale back forecasts for a PBOC rate cut this year Published Mon, Apr 6, 2026 · 06:01 AM [HONG KONG] Chinese bonds may be reaching a historical turning point, with yields set to climb from record low levels as…
Read MoreTrump Hides No Words, Posts Expletive-Laced Threat on Strait Of Hormuz Crisis; Iran Responds, Condemns Language
The Middle East conflict took a dramatic turn after former U.S. President Donald Trump issued a profanity-filled warning to Iran, threatening strikes on critical infrastructure if Tehran does not reopen the Strait of Hormuz. In a post on Truth Social, Trump wrote: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in…
Read MoreWounded US Airman Hid in Dangerous Mountain Terrain in Iran and Avoided $60,000 Bounty for 36 Hours Before He Was Rescued
A wounded U.S. Airman managed to stay hidden in harsh, dangerous mountain terrain for 36 hours, avoiding capture by Iranian forces, before being successfully rescued by Navy SEAL commandos. The colonel, left stranded with only a pistol to defend himself, was wounded after ejecting from an F-15 fighter jet that had been shot down over…
Read MoreAnthropic UK Expansion: Britain Woos AI Firm After Pentagon Blacklisted It
The British government is pitching Anthropic, the San Francisco-based artificial intelligence company behind the Claude chatbot, on a London office expansion and a potential dual stock listing. The approach comes as Anthropic fights a U.S. national-security blacklisting in federal court. The U.S. Defense Department designated Anthropic a supply-chain risk on April 5, 2026, according to…
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