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How China’s reported ban on sulphuric acid exports could have overseas buyers reeling
NACHRICHT
28.04.2026

How China’s reported ban on sulphuric acid exports could have overseas buyers reeling

As the US-Israel war in Iran drags into its third month, sulphuric acid – a chemical ingredient critical for fertiliser production and metal processing that has seldom grabbed global headlines – has become a keenly watched commodity. The military conflict in the Gulf and the effective blockage of the Strait of Hormuz initially triggered a squeeze on sulphuric acid, with prices on the rise after shipments in the region – which accounts for a quarter of global production – were largely stalled...

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SCMP News
Hong Kong emerges as safe harbour as Middle East war reshapes global finance
In Entwicklung
Business·20.04.2026KI-Zusammenfassung

Hong Kong emerges as safe harbour as Middle East war reshapes global finance

The US-Israeli war on Iran has triggered market volatility and driven investors toward safe-haven assets, with Hong Kong positioning itself as a stable financial hub. Banks are expanding their presence in the city while global investors increase inquiries about mainland Chinese assets. Dubai's prominence as an Asia-Europe financial gateway has been dented by the conflict, which forced closure of Dubai International Airport and sent Gulf stocks plunging. Experts say China and Hong Kong are attracting renewed attention as investors reassess relative value and long-term strategic opportunity.

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SCMP Economy
Is crude heading back to $100? Crypto traders drive $500M weekend Hyperliquid oil bets over Strait of Hormuz closure
NACHRICHT
19.04.2026

Is crude heading back to $100? Crypto traders drive $500M weekend Hyperliquid oil bets over Strait of Hormuz closure

Crypto traders traded more than $500 million in synthetic oil futures over the weekend on the decentralized exchange Hyperliquid, betting that renewed military conflict in the Middle East could push crude prices back to $100 a barrel. The surge in blockchain-based trading followed Iran's abrupt decision to shut the Strait of Hormuz to commercial shipping, […] The post Is crude heading back to $100? Crypto traders drive $500M weekend Hyperliquid oil bets over Strait of Hormuz closure appeared first on CryptoSlate.

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CryptoSlate