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Trump's demands for Strait of Hormuz mean $30 million per supertanker

U.S. President Donald Trump has just made a request for 20% compensation for goods shipped through the Strait of Hormuz; that’s about $30 million based on a very large tanker loaded with crude oil. This estimate is based on current oil prices of approximately…

Trump notifies Congress of renewed war with Iran

According to U.S. news on the 13th, U.S. President Trump has officially notified Congress that the war in Iran has resumed. Trump wrote in a letter to congressional leaders on the 10th that the US military carried out a "defensive strike" against targets in Ir…

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What is a spin-off? What impact does spin-off have on shareholders?

Spin-off is a corporate behavior in which a company splits part of its business into independent companies and allows them to be listed or traded separately. This article will explain what a spin-off means, why companies spin off their businesses, what shareho…

Trump: US will charge 20% for shipping through Strait of Hormuz

U.S. President Trump posted on social media on the 13th that the United States will resume its maritime blockade against Iran and charge a 20% fee on all goods transported through the Strait of Hormuz. Trump said the Strait of Hormuz is currently open and will…

Foreign headlines on July 14

Global financial media last night and this morning The headlines of common concern include: Trump says he will resume blockade of Iran and plans to charge 20% compensation for shipments in the Strait of Hormuz Russian crude oil output falls to lowest level in…

U.S. military launches air strikes on Iran for third consecutive night

On July 13, local time, the U.S. Central Command stated that under the instructions of U.S. President Trump, the U.S. military launched its third consecutive night of air strikes against Iran at 4:45 pm Eastern Time that day. U.S. Central Command stated that t…