926 stories · Page 52 of 93
On 7 April 2026, crude surged past $110 and U.S. WTI spot cargoes were bid a record $30-$40 over benchmarks after President Trump warned Iran it had until 8 p.m. EDT to reopen the Strait of Hormuz or face strikes on its infrastructure.
In a closed meeting on 6 Apr 2026, SpaceX told its 21-bank syndicate it will seek $75 billion at a $1.75 trillion valuation and reserve up to 30 % of shares for small investors—an unprecedented retail allocation.
On 5 April 2026, eight core OPEC+ members added 206,000 barrels per day to their May quotas even though Iran’s closure of the Strait of Hormuz still prevents most Gulf exports from reaching market.
Starting 6 April 2026, the UK will incrementally delay state-pension eligibility from 66 to 67 for people born after 6 April 1960, a shift forecast to trim public spending by £10 billion yearly by 2030.
On 6 April 2026 South Korea’s cabinet-party taskforce approved sending special envoys—and rerouting five Korean tankers—to Saudi Arabia, Oman and Algeria to back-fill crude supplies cut off since the Strait of Hormuz closed during the U.S.–Israeli war with Iran.
In an April 3 2026 letter, the finance ministers of Spain, Germany, Italy, Portugal and Austria formally asked the European Commission to resurrect 2022-style profit caps on energy firms to blunt the inflationary oil-price spike triggered by Iran’s closure of the Strait of Hormuz.
The White House sent Congress a non-binding FY-2027 blueprint that would lift Pentagon outlays to roughly $1.5 trillion—about 40-44 percent above this year—while slicing non-defense discretionary accounts by 10 percent.
After years of routine rollovers, Abu Dhabi abruptly asked for the full return of its $3.5 billion deposits, prompting Islamabad to draw up a three-part repayment plan for 11, 17 and 23 April 2026.
On 1 April 2026, Elon Musk’s SpaceX quietly lodged a draft registration with the SEC, aiming for a June flotation that could raise $50–$75 billion and peg the newly merged SpaceX-xAI at about $1.75 trillion—far surpassing any previous stock-market debut.
On 3 April 2026 SpaceX quietly submitted SEC paperwork for a June listing that would value the merged SpaceX-xAI entity near $2 trillion—about 60 % above February’s board-set mark.
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