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Tanker struck by projectile in Strait of Hormuz amid US-Iran ceasefire tensions

Market News
27 Jun 2026
CNBC
View Source
Bearish
pluang ai news

A tanker in the Strait of Hormuz was hit by an unidentified projectile, escalating tensions between the US and Iran despite a 60-day ceasefire agreement. The US responded with airstrikes on Iranian missile and drone sites after accusing Iran of violating the ceasefire by attacking ships. Iran's Revolutionary Guard warned of broader retaliation if attacks continue. This incident highlights ongoing instability in a key oil shipping route amid fragile peace talks.

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Global acetic acid market to nearly double to $34.96B by 2035 driven by demand in adhesives, coatings, and polyester production.

Global acetic acid market to nearly double to $34.96B by 2035 driven by demand in adhesives, coatings, and polyester production.

The global acetic acid market, valued at $18.57 billion in 2025, is projected to grow at a CAGR of 6.52% to reach $34.96 billion by 2035. Growth is driven primarily by rising demand for vinyl acetate monomer (VAM) used in adhesives, coatings, and pac...

Market News
Bullish
3 hours ago
SUI Group increases Bluefin loan to 6 million SUI to support Suilend acquisition

SUI Group increases Bluefin loan to 6 million SUI to support Suilend acquisition

SUI Group has expanded its Bluefin loan to 6 million SUI tokens to finance the acquisition of Suilend. This move indicates the company's commitment to growth through strategic acquisitions in the decentralized finance sector. The increased loan amoun...

Market News
Bullish
4 hours ago
Booking Holdings down 15% YTD on AI fears but seen as a buy with strong fundamentals at 17x forward P/E.

Booking Holdings down 15% YTD on AI fears but seen as a buy with strong fundamentals at 17x forward P/E.

Booking Holdings (BKNG) has dropped about 15% year-to-date, mainly due to concerns over AI disruption. However, the company's core ecosystem remains crucial for tourism and booking services, which are expected to stay relevant despite AI advances. Tr...

Analyst Insights
Bullish
4 hours ago
Mavenir wins Deutsche Telekom's Partner of the Year for 65% energy-saving 5G core network innovation

Mavenir wins Deutsche Telekom's Partner of the Year for 65% energy-saving 5G core network innovation

Mavenir was awarded Deutsche Telekom's Partner of the Year for its Most Energy Efficient Core (MeeC) project, which reduces 5G core network energy use by up to 65% during low traffic periods without compromising performance. The project, launched in ...

Market News
Bullish
4 hours ago
Mavenir wins Deutsche Telekom's Partner of the Year for 65% energy savings in 5G core network innovation

Mavenir wins Deutsche Telekom's Partner of the Year for 65% energy savings in 5G core network innovation

Mavenir received Deutsche Telekom's Partner of the Year Award for Best Network Innovation, recognizing its role in the MeeC project that cut 5G core network energy use by up to 65%. The project uses AI-driven traffic analysis and workload optimizatio...

Market News
Bullish
4 hours ago
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