France Orders Largest Peacetime Evacuation Since WWII As Wildfires Rage

Iran's Covert Oil Trade Persists As Tankers Breach US Blockade By Tsvetana Paraskova of OilPrice.com Iran continues to export its oil out of the Persian Gulf via the Strait of Hormuz using dark mode on tankers to move past the US blockade outside the world’s most vital oil chokepoint. At least two Iran-flagged supertankers fully laden with an estimated about 4 million barrels of crude have exited the Gulf via the Strait of Hormuz and through the U.S. blockade, Bloomberg reports, citing satellite imagery analyzed by energy flows intelligence firm Vortexa. The two...

"Removed Without Warning": Ex-BP Chairman Blasts Abrupt Ouster As Wall Street Gets Spooked The abrupt Tuesday morning firing of BP Chairman Albert Manifold by the board certainly raised eyebrows, given his key role in the company's turnaround effort: unwinding years of underperforming green-energy bets and steering the oil major back toward its oil-and-gas business. The board cited "serious concerns" tied to "important governance standards, oversight, and conduct" as the core reason for Manifold's removal. But the explanation remains vague, leaving Wall Street desks wondering exactly what prompted such a sudden and...

ECB Backs Tokenized EU Capital Markets (With Strict Guardrails) Authored by Christina Comben via CoinTelegraph.com, The European Central Bank (ECB) set out a cautious path toward tokenizing Europe’s capital markets, saying the technology can deliver efficiency gains only if it remains anchored to central bank money, infrastructures remain interoperable, and regulation is “robust and supportive.”  In its latest Macroprudential Bulletin published on Monday, the ECB said distributed ledger technology (DLT) could help deepen the European Union’s savings and investments union, but warned that benefits will depend on interoperable infrastructure and policymakers keeping pace with...