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Results for "Commodity Traders"

19 stories found

Swiss Commodity Traders Profit from Iran War
Worldnzz3mo ago

Swiss Commodity Traders Profit from Iran War

Swiss commodity traders like Trafigura and Glencore are reportedly profiting significantly from the Iran war, with Trafigura achieving one of its best half-year results, though caution remains about potential crisis escalation.

Indonesia Aims to Challenge Global Raw Material Traders
Worldnzz3mo ago

Indonesia Aims to Challenge Global Raw Material Traders

Indonesia, a major player in the raw materials market with resources like nickel, coal, and palm oil, seeks to outcompete global commodity traders, though its economy and democracy are reportedly regressing under President Prabowo.

US Seizes Iranian Ship Near Hormuz, Tehran Vows Retaliation Amid Tensions
WorldAPReutersBBC+117bloombergNYTwsjFTle-mondeThe GuardianNPRAl Jazeera+109 more4mo ago120 sources

US Seizes Iranian Ship Near Hormuz, Tehran Vows Retaliation Amid Tensions

The United States seized an Iranian vessel near the Strait of Hormuz, prompting Tehran to vow retaliation and further escalating tensions in the critical waterway. This incident occurred ahead of planned peace talks, which Iran is reportedly considering boycotting due to US demands.