Global crude oil markets face uncertainty in mid-2025. Israel’s airstrikes on Iran’s nuclear facilities caused Brent crude prices to surge. Concerns about supply disruptions from the Persian Gulf and potential Iranian retaliation through the Strait of Hormuz loom large. Despite OPEC+ production cuts, increased output from other nations and tepid demand growth, particularly in the U.S.
VRL Logistics board to meet on July 4 to consider bonus share issue
VRL Logistics’ board will meet on July 4, 2025, to consider issuing bonus shares to eligible shareholders, with the record date to be announced later.