Daily brief
BP's quarterly profit more than doubled to $3.2 billion, reaching a three-year high, driven by higher oil prices and a trading boom during the Iran war. The company's oil trading business boomed as a result of the conflict.
Standard Chartered, BlackRock, and OKX launched a collateral framework for a tokenised Treasury fund.
Korea passed the UK to become the world's eighth-largest stock market.
The Bank of England is weighing inflation risk against the impact of the Middle East war.
Shell acquired a Canadian energy company for $16.4 billion (ongoing coverage).
by WorldBrief & Maksim Micheliov | AI-generated summary