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Legal● Neutral for Indian equities
King’s bank Coutts hit with new lawsuit after ‘debanking’
The brief
- Shipping executive Philip Adkins sued Coutts over an allegedly inaccurate dossier that prompted a US probe
- India Oil Refiners Change Tactics and Hire Ships to Cross Hormuz
- Crude oil exports through the Strait of Hormuz hit prewar levels, but fuel shipments remain constrained
- GE Shipping rides high freight rates, builds cash for the next cycle
- Middle East crude flows recover to 98% of pre-war levels despite shipping risks
- Iraq turns to Syria for gasoline as Strait of Hormuz closure disrupts fuel supplies