All posts tagged: Loosening

Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Oil prices eased on Tuesday (May 5), after climbing by as much as 6 per cent in the previous session, on signs that the US Navy is loosening Iran’s closure of the key Strait of Hormuz waterway, potentially opening up supply from the key Middle East producing area. The US on Monday launched a new operation aimed at reopening Hormuz to shipping and Maersk said later that its Alliance Fairfax, a US-flagged vehicle carrier, exited the Gulf via the strait accompanied by US military assets, easing some immediate supply disruption fears. Brent oil futures for July fell US$0.68, or 0.6 per cent, to US$113.76 per barrel at 1am GMT (9am, Singapore time), after settling up 5.8 per cent on Monday.  US West Texas Intermediate crude fell US$1.59, or 1.5 per cent, to US$104.83, after gaining 4.4 per cent in the previous session. “The successful escorted exit of the Maersk-operated vessel has helped ease some immediate supply disruption fears,” said Tim Waterer, chief market analyst at KCM Trade. “It shows that limited safe passage is possible …

Loosening the Grip: Finding Peace by Letting Go of What Hurts Us

Loosening the Grip: Finding Peace by Letting Go of What Hurts Us

In my younger years, a clinical supervisor provided insight on emotional attachments that I’ve been turning over in my mind ever since: We let go of toxic habits and unhealthy relationships when the cost to hold on exceeds the anguish of letting go. The pain we experience from remaining connected to people who hurt us can be greater than the discomfort of changing. Upon this realization, our minds shift from feeling powerless to control negative emotions to encouraging physical or emotional habits that feel good. Change happens when it is just too painful to keep hoping that improvements will germinate from others. In her book, The Let Them Theory, Mel Robbins encourages a similar point of view: When we accept the world as it is, we are free to concentrate on our happiness. Robbins invites us to let people do or say what they want, and then to control our feelings of frustration if we become triggered. Change happens through lessening daily focus on upsetting relationships. Continuing to focus on unhealthy relationships becomes our own …

Loosening grip? Trump skirts setbacks in State of the Union speech – The Debate

Loosening grip? Trump skirts setbacks in State of the Union speech – The Debate

What does a boss who’s built an image as a tough guy from Queens do when naysayers claim he’s reached his limits? To dispel doubts, he can for instance hold the floor for an hour and 47 minutes. In the longest ever State of the Union address, US President Donald Trump proved he can stick to script instead of rambling. Trump was as combative as ever: bashing immigrants, Iran, the opposition Democrats and even the US Supreme Court for last week’s ruling striking down many of his tariffs, the biggest pushback yet for a president who’s wielded historically grand executive powers since returning to office 13 months ago. We ask about his plans to not only double down on tariffs – he’s saying they can replace income taxes – but to do so without congressional approval. Read moreTrump’s marathon State of Union: Big claims and the questions he left unanswered We weigh Trump’s methods, his arguments and ask about blurred lines between public policy and personal interest. As a term-limited president approaches midterm elections that could further corner …