Oil Climbs as US, Iran Remain At Impasse; Bessent in Asia | Bloomberg Brief 5/11/2026

May 11, 2026 · Bloomberg

Qatar LNG Tanker’s Hormuz Exit Is Rare Exception Showing Pakistan’s Clout
Islamabad is using geopolitical leverage to get badly needed gas supplies, but it’s a trick other nations will struggle
Starmer Opens Path to Full Nationalization of British Steel
Prime Minister Keir Starmer pledged a step toward full nationalization of British Steel during a crucial speech on Monda
Florida’s Ailing $6 Billion Rail Line Has Debt Vultures Circling
It’s becoming clearer by the day that Brightline, the struggling Florida private railroad, is shaping up to rank among t
Floundering Rupee May Keep Indian Equities on a Tight Leash
Monex Europe expects the rupee to hit 98 per dollar by year-end.
SAPS IN CRISIS: Police generals Feroz Khan and Ebrahim Kadwa arrested in illicit precious metals case
Controversial Crime Intelligence officer Feroz Khan and Gauteng Hawks head Ebrahim Kadwa have been arrested and, along w