How Asia-Pacific Is Fighting a Fuel Shock That Could Get Worse

Asian nations face the prospect of prolonged strain on crucial energy supplies as the conflict in the Middle East grinds past the two-month mark, with the Strait of Hormuz still largely off-limits to shipping. Governments have already raided their policy toolkits by...

Blue Owl Fund Investors Rebuff Boaz Weinstein Offer to Buy Shares

Investors in a Blue Owl Capital Inc. fund tendered less than 1% of shares to Boaz Weinstein’s Saba Capital Management and Cox Capital Partners, which had offered to buy them out at a steep discount, according to people familiar with the matter. The tender offer for...

The Billion-Barrel Hormuz Oil Shock Is About to Crash Demand

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming. The longer the vital oil channel doesn’t reopen, traders say, the more...