Crude oil exports through the Strait of Hormuz have largely returned to levels seen before the war with Iran as U.S. military escorts help boost shipments.
(LILAMAX)- Crude oil exports through the Strait of Hormuz have largely returned to levels seen before the war with Iran as U.S. military escorts help boost shipments.
Oil prices, however, remain elevated because of lingering risks surrounding the region. Shipments of refined petroleum products, including diesel, also remain limited.
Meanwhile, the Paramount-Warner Bros. merger is set to close Tuesday after a judge approved a settlement with state attorneys general, clearing the final hurdle for the deal.
The merger will bring Paramount Pictures, Warner Bros., DC Studios, CBS, CNN and the companies’ streaming properties under the same corporate umbrella.
On Wall Street, most stocks fell despite inflation coming in softer than expected. The latest jobs numbers were also stronger than expected.
Eli Lilly says an experimental weight-loss treatment helped patients lose more weight than Zepbound in a mid-stage trial.
Patients with diabetes taking the highest tested dose of eloralintide combined with tirzepatide lost an average of 23.3% of their body weight over 48 weeks. That compared with an average 14.8% weight loss among patients taking the highest dose of Zepbound.
And travel mishaps are costing Americans thousands of dollars.
A survey commissioned by Aven Hospitality and conducted by Talker Research found the average traveler said travel mishaps have cost them nearly $2,500.
The most common problems reported by respondents included bad weather disrupting a trip, getting sick or injured while traveling and arriving at a hotel only to discover a specific amenity was unavailable.
