Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices
Companies

Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices

Petrobras reported net profit of R$52.4 billion for Q2 2026, a 96.8% jump, fueled by a 54% surge in Brent crude prices a...

Declan Byrne 👁 32 💬 0
Trump Says Future of Strait of Hormuz Will Be Decided 'Today or Tomorrow'
Energy

Trump Says Future of Strait of Hormuz Will Be Decided 'Today or Tomorrow'

Trump has issued a 'last chance' ultimatum on Strait of Hormuz shipping, with an Omani-brokered deal — or US military ac...

Aoife Keane 👁 34 💬 0
European Stocks Gain as US-Iran De-escalation Sends Oil Tumbling; Travel Shares Surge
Markets

European Stocks Gain as US-Iran De-escalation Sends Oil Tumbling; Travel Shares Surge

Easing geopolitical tensions and a 6% crude slide buoyed risk appetite, lifting travel and leisure stocks while tech ear...

Yael Ben-David 👁 38 💬 0