Author: omc_admin

(Bloomberg) – Oil jumped and stocks slid after Israel attacked Iran’s nuclear program facilities and killed senior military commanders in a significant escalation of tensions in the Middle East. Brent crude gained 7.6%, having earlier surged as much as 13% in the biggest intraday jump since March 2022. S&P 500 futures were down 0.9% after paring deeper losses.  The dollar rebounded 0.5% from Thursday’s three-year low. U.S. Treasuries were little changed, with the yield on the 10-year note at 4.35%. The airstrikes against Iran’s nuclear program and ballistic-missile sites renewed a standoff between two adversaries that risks spiraling…

Spain’s largest renewable fund Qualitas Energy is the frontrunner to acquire clean-energy company Cubico Sustainable Investments, according to people with knowledge of the matter. Qualitas has emerged as the leading bidder for the business after interest from KKR & Co.’s ContourGlobal, the other remaining suitor, has cooled, the people said, asking not to be identified as the information is private. London-based Cubico is owned by Ontario Teachers’ Pension Plan and PSP Investments. The Canadian pension funds have been working with Bank of America Corp. on the potential deal, seeking a valuation of about EUR 7 billion ($7.9 billion), Bloomberg News reported…

Following the Israel-Iran flare-up in the Middle East, the UK and Greece have cautioned their commercial shipping companies to be extra careful and log all voyages through the world’s key oil transit chokepoint, the Strait of Hormuz.Israel launched overnight a series of coordinated airstrikes on Iran, targeting nuclear facilities in what it describes as a decisive move to prevent the Islamic Republic from becoming a nuclear power.Iran has vowed retaliation and launched drones at Israel on Friday.The shipping industry fears an escalation could hit commercial vessels traveling around Iran.So the Greek and UK authorities have advised the ships flying their flags…

I think at this point time, it’s almost impossible to short this market. Brent markets did the same thing, breaking above the $75.50 level, but gave that back. And now I think we will probably settle back a little bit and see what happens over the weekend. The weekend, if things escalate, then oil could continue to go higher. But quite frankly, even with the give back that we’ve seen at this point in time, we’re still up something like 8%. So, oil definitely bullish, oil definitely overextended. Brent Technical Analysis I think Brent is going to follow the light…

Industry-Specific Framework: New draft standard targets auto manufacturers and suppliers, covering over 20% of global man-made emissions with tailored guidance across scopes 1, 2, and 3. Practical, Science-Based Criteria: Emphasis on low-emission vehicle targets, regional pathways, and upstream supply chain decarbonization. Broad Stakeholder Input Sought: Consultation runs through August 11, 2025, aiming to balance ambition with real-world applicability. The Science Based Targets initiative (SBTi) has launched a public consultation on its draft Automotive Sector Net-Zero Standard, aiming to accelerate credible climate action in one of the world’s most emission-intensive industries. The automotive sector accounts for more than 20% of global…

Israel’s attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.Oil and gold surged and the dollar rose as markets retreated, signaling a flight to investments perceived as more safe. After years of sky-high inflation in the aftermath of the COVID-19 pandemic, Americans have become increasingly leery about the economy this year due to President Donald Trump’s sweeping tariffs, though the impact so far has been muted.The latest escalation in the Middle East has the potential to cause widespread price increases…

Expanded Exemptions: Proposed thresholds would exempt most companies from CSRD and CSDDD, raising eligibility to 3,000 employees and €450M revenue. Looser Value Chain Reporting: Firms can comply without full supplier data if efforts to obtain it are documented. Climate Plans Optional: Mandatory transition plans scrapped—firms only report if they have one. The European Parliament’s lead negotiator on the Omnibus regulatory package, Jörgen Warborn of the European People’s Party (EPP), has released a proposal calling for significantly deeper cuts to the EU’s sustainability reporting obligations than those originally suggested by the European Commission. The draft amendments—intended to form the Parliament’s negotiation…

More than €240 billion in investments will be needed through 2050 in order to deliver EU member states’ plans for nuclear energy and to reach energy decarbonization goals, according to a new estimate released by the European Commission. The new estimate was released with the Commission’s updated nuclear illustrative programme (PINC), an overview of nuclear development trends in the EU, providing an assessment in line with the EU’s decarbonization targets, and its REPowerEU Plan and Clean Industrial Deal goals. According to the Commission, nuclear power plants produced approximately 23% of electricity in the EU, and while some countries have decided…

Israel’s strikes against Iran have threatened to ignite a regional conflict that disrupts oil supplies across the Middle East, with traders reviving the decades-old question of whether Tehran could respond by closing the vital industry chokepoint at the Strait of Hormuz.Brent crude, the global benchmark, surged 12 per cent to a high of $78.5 a barrel in the early hours of Friday morning after Israel launched dozens of strikes against Iran’s nuclear programme and military facilities, killing at least two top commanders.Prices fell back to $75 a barrel as it became clear that Israel had stopped short of targeting Iran’s…

Strong market reception: The bond was more than 10x oversubscribed, with a €10.5 billion order book. Sustainable financing: Proceeds will fund green projects aligned with RWE’s Green Financing Framework. Capital structure boost: Moody’s and Fitch classify the hybrid bond as 50% equity, strengthening RWE’s balance sheet. RWE has returned to the hybrid bond market for the first time since 2015, successfully issuing a €1 billion green hybrid bond to support its renewable investment strategy. Split into two €500 million tranches, the issuance featured strong investor demand. The first tranche carries a 4.125% annual coupon and a 5.25-year first call date;…