Oil finished higher as a tentative halt to direct Israel-Iran strikes neutralized an early 5% surge, while expanding Red Sea shipping threats and a nominal OPEC+ output hike left physical balances structurally constrained.
Thailand's SCG Chemicals has sold nearly half its stake in PT Chandra Asri Pacific Tbk over four trading days, raising the Indonesian petrochemical major's public free float to 25.7% and signalling a strategic reallocation of capital by its Thai parent.