Serene Cheong, Yongchang Chin and Weilun Soon, Bloomberg on 15/07/2026

Asian oil refiners scoop up US crude as Iran war intensifies

At least 11m barrels of US crude were sold to Asia late on Tuesday, and more deals may follow, according to traders.

S Serene Cheong, Yongchang Chin and Weilun Soon, Bloomberg
Izak Odendaal on 15/07/2026

Between hype and fear

If AI fails to meet increasingly inflated expectations, there could be large financial losses that spill over into the real economy … all while geopolitical uncertainty continues to cause angst.

I Izak Odendaal