Oil shipments through the Strait of Hormuz have increased to about 4.8 million barrels per day following a US-Iran agreement, marking the highest flow since the US and Israel attacked Iran on February 28. Although this is a significant rise, current exports remain well below prewar levels of 15 million barrels per day. The increase follows the US Navy lifting its blockade on June 18 and the US Treasury waiving sanctions on Iranian oil sales through August. The threat level for ships crossing the strait has been downgraded to "moderate," reducing risks for maritime traffic in the region.
Christopher Derrick, known for writing on Star Trek: Picard and The Equalizer, premieres his first film as sole writer-director, Moral Dirt, at the Academy Award® Qualifying LA Shorts International Film Festival on August 3, 2026. The 15-minute psych...
Arcutis Biotherapeutics has appointed Chris Peetz to its Board of Directors as of July 15, 2026. Peetz brings extensive experience leading biopharmaceutical companies through growth phases, product development, and strategic acquisitions. His additio...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
