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South Korea may curb naphtha exports due to shortages
azernews10d ago

South Korea may curb naphtha exports due to shortages

South Korean authorities are considering restrictions on the export of naphtha (straight-run gasoline) amid a growing shortage of this key petrochemical feedstock, widely used across plastics, chemicals, and related industries, AzerNEWS reports.

#ECONOMY
enca10d ago

Oil, stock trading spiked before Trump's Iran remarks

Oil, stock trading spiked before Trump's Iran remarks Estelle.Bronkhorst Wed, 03/25/2026 - 05:59 NEW YORK - Thousands of oil contracts -- a far higher volume than normal -- were traded 15 minutes before US President Donald Trump pledged to halt strikes on Iranian energy infrastructure, sending prices tumbling, data showed on Tuesday. Between 1049 GMT and 1050 GMT, 734 oil contracts changed hands, and in the next minute that number surged to 2,168 -- 16 times higher than the average observed through the day up to that time. Bloomberg estimated the value of oil contracts that changed hands between 1049 and 1050 GMT was $650 million. At 1105 GMT, Trump stepped back from a threat to attack Iranian energy sites, citing "very good" talks to end the war in a social media post. The statement sent crude prices plunging more than 14 percent in a fresh burst of trading activity. Traders who bet on prices dropping ahead of the announcement would likely have profited from Trump's sudden reversal, prompting analysts to question whether some market participants had acted on prior information. "What stands out here isn't just the size of the trades, but the timing," Stephen Innes, an analyst at SPI Asset Management, told AFP. "Traders are not clairvoyant. When positioning shifts minutes ahead of a market-moving headline, it usually means someone is acting on... intel before the story broke," he added. No evidence of insider trading had been established as of Tuesday. The Chicago Mercantile Exchange (CME) and the Commodity Futures Trading Commission (CFTC), the US regulator of financial derivatives, did not immediately respond to an AFP request for comment. The White House also did not respond to an AFP request for comment on the issue. Similarly, S&P 500 stock index futures showed an unusual burst of trading activity early Monday, about 15 minutes before Trump's social media post, CNBC reported. The speculation about insider trading has also spread to prediction markets, which allow people to bet on the likelihood of thousands of global events. CNN reported that one trader made $1 million from dozens of well-timed bets on Polymarket that correctly predicted US and Israeli military actions against Iran. Based on findings from Bubblemaps, an analytics company that tracks blockchain transactions, this particular bettor has had a pattern of prescient bets, including hours before Israeli's October 2024 strikes on Iran, CNN reported. Innes noted that the oil market is "not just traders speculating on price; it's a tightly connected ecosystem of physical players, refiners, shippers and governments, all operating within overlapping information channels." He added that the activity could have been driven by a large producer hedging against a potential price drop, given that oil futures had surged 40 percent since the start of the war. A few hours after Trump's announcement, Tehran's parliamentary speaker, Mohammad Bagher Ghalibaf, reportedly involved in talks, said "no negotiations" were under way, insisting Trump was seeking "to manipulate the financial and oil markets."

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UltraTech Cem Share Price Live Updates: UltraTech Cement's Volume Analysis
economictimes_indiatimes10d ago

UltraTech Cem Share Price Live Updates: UltraTech Cement's Volume Analysis

Join us on the UltraTech Cem Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about UltraTech Cem, including: Last traded price 11204.0, Market capitalization: 330158.54, Volume: 456434, Price-to-earnings ratio 43.11, Earnings per share 259.86. Our liveblog provides a well-rounded view of UltraTech Cem by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact UltraTech Cem's performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the UltraTech Cem Stock Liveblog. The data points are updated as on 05:40:24 PM IST, 25 Mar 2026

#STOCKS
USD/CHF Surges Near 0.7900 as US Dollar Defies Pressure from Middle East Turmoil
bitcoinworld10d ago

USD/CHF Surges Near 0.7900 as US Dollar Defies Pressure from Middle East Turmoil

BitcoinWorld USD/CHF Surges Near 0.7900 as US Dollar Defies Pressure from Middle East Turmoil The USD/CHF currency pair climbed decisively toward the 0.7900 psychological level on Thursday, March 20, 2025, as the US Dollar demonstrated unexpected resilience against its traditional safe-haven rival, the Swiss Franc. This movement defies the typical flight-to-safety pattern, creating a significant anomaly in the forex markets that analysts are closely scrutinizing. The primary catalyst appears [...] This post USD/CHF Surges Near 0.7900 as US Dollar Defies Pressure from Middle East Turmoil first appeared on BitcoinWorld .

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