Live Updates

2

Mar 2026
OPEC+ plans a modest April production rise as Iran-Israel hostilities intensify, with retaliatory strikes involving US forces

OPEC+ boosts output by 206,000 bpd as US-Israel attack Iran; oil jumps, retaliation hits Gulf bases.

2

Mar 2026
Australia’s S&P Global Manufacturing PMI eased to 51 from 51.5 previously, indicating slower expansion

Australia’s S&P Global Manufacturing PMI eased to 51.0 in February from 51.5, still signaling growth.

2

Mar 2026
Reuters reports Iran’s IRGC Navy broadcast that vessels may not transit the Strait of Hormuz, closing it

IRGC warns ships barred from Strait of Hormuz, threatening global oil trade and potentially boosting WTI prices.

2

Mar 2026
In South Korea, the trade surplus reached $15.5B, beating forecasts of $10B for February

South Korea posted a $15.5bn February trade surplus, beating expectations of $10bn and signaling stronger exports.

2

Mar 2026
After acquiring debt-light, profitable rival Valaris, Transocean seems more appealing, aided by reduced leverage overall

Transocean to acquire Valaris in all-share deal, boosting backlog to $10B and cutting debt, costs.

28

Feb 2026
Global markets face risk aversion after Trump says US began Iran combat operations following Israel’s Tehran strikes

Trump announced major US combat operations in Iran after Israeli strikes; markets brace for risk-off, safe-havens.

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