Brent jumps above $78 as US-Iran fighting hits Hormuz traffic
Why it matters: About a fifth of global oil usually moves through the strait, and vessel traffic reportedly fell to 11 before halting.
Subject
#Rystad Energy
Singapore power tariff set to jump in July as gas costs surge
Why it matters: Analysts expect anything from a mid-single-digit rise to as much as 30%, lifting some monthly bills by about S$30.