07/05/2026 – United States – Iran: Parties debate agreement leading to reopening of Strait of Hormutz – Read more news
GAS & POWER: The Australian Government today announced the introduction of a mandatory domestic gas reserve mechanism for East Coast LNG producers, effective 1° July 2027. The three projects involved —which can be traced back to Origin Energy, Shell and Santos— will have to allocate 20% of their production to the domestic market, with the measure applicable to spot contracts and new future agreements, leaving existing long-term contracts unchanged.
EQUITY: Stock markets wasted no time yesterday and celebrated the possible reopening of the Strait of Hormutz and the possibility of a stable peace between the United States and Iran even before official confirmation. New highs were hit in the United States, while in Europe the Italian FTSE MIB index hit levels not seen since the dot-com bubble of March 2000.
EQUITY: Stock markets wasted no time yesterday and celebrated the possible reopening of the Strait of Hormutz and the possibility of a stable peace between the United States and Iran even before official confirmation. New highs were hit in the United States, while in Europe the Italian FTSE MIB index hit levels not seen since the dot-com bubble of March 2000.
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05/05/2026 – New Risks on Hormutz: US Launches Operation “Project Freedom” – Read More News
Market view – The Daily News of 05/05/2026 GAS & POWER ↑ New escalation risks in the Middle East support a new rise in crude and gas prices this morning. After Iran’s new peace proposal over the weekend was deemed unsatisfactory by President Trump, the United States responded by launching military operation “Project Freedom,” aimed […]
