UAE's ADNOC announces 50% completion of second Hormuz-bypassing pipeline as CEO Al Jaber warns of historic energy supply disruption, with over 1 billion barrels lost since Iran's blockade began in March, and full normalization not expected until 2027
#YonhapInfomax #StraitOfHormuz #ADNOC #PipelineConstruction #EnergySupplyDisruption #IranBlockade #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=121727

South Korea's KOSPI index fell sharply to the 2,971 level amid Middle East tensions, while refining and shipping stocks surged on energy supply concerns.
#YonhapInfomax #KOSPI #StraitOfHormuz #RefiningStocks #ShippingStocks #EnergySupplyDisruption #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68768