mustafaU Oil prices rose on Monday after Israeli Prime Minister Benjamin Netanyahu warned that the conflict with Iran is “not over,” reviving concerns that tensions in the Middle East could intensify and further threaten global energy supplies. WTI crude ( CL1:COM ) rose 4.6% to $99.82/bbl, and Brent crude ( CO1:COM ) climbed 3.9% to $105.24/bbl at press time. U.S. President Donald Trump rejected ...
mustafaU Oil prices rose on Monday after Israeli Prime Minister Benjamin Netanyahu warned that the conflict with Iran is “not over,” reviving concerns that tensions in the Middle East could intensify and further threaten global energy supplies. WTI crude ( CL1:COM ) rose 4.6% to $99.82/bbl, and Brent crude ( CO1:COM ) climbed 3.9% to $105.24/bbl at press time. U.S. President Donald Trump rejected Iran’s counteroffer to end the war with the U.S. and Israel. “I have just read the response from Iran’s so-called “Representatives.” I don’t like it — TOTALLY UNACCEPTABLE!” “There’s still nuclear material, enriched uranium that has to be taken out of Iran,” Netanyahu said on Sunday in an interview on CBS’s “60 Minutes” that is set to air Sunday night. “There is still enrichment sites that have to be dismantled, there’s still proxies that Iran supports, there are ballistic missiles that they still want to produce ... there’s work to be done.” Asked how the U.S. and Israel would remove the nuclear material, Netanyahu replied: “You go in, and you take it out.” Citi analysts wrote in their latest oil report that prices could rise further if Iran and U.S. do not agree a deal, adding that crude markets have been cushioned by high inventories, strategic petroleum reserve releases, weaker demand in developing economies and intermittent signs of possible de-escalation in the Middle East., CNBC reported. ANZ analysts, meanwhile, noted that even if the acute oil shock fades by late 2026, the ongoing risk of renewed disruption in the Strait of Hormuz, depleted inventories, and weaker policy coordination is expected to keep a geopolitical risk premium embedded in prices. The brokerage expects Brent to remain above $90/bbl through 2026 and around $80–85/bbl into 2027 as demand growth resumes and inventories are gradually rebuilt. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( UNG ), ( BOIL ), ( KOLD ), ( UNL ), ( FCG ), ( XLE ) More on energy...
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter. Firms working in distressed-debt special situations including Davidson Kempner Capital Management LP and Attestor are looking to buy up such assets at valuations as low as 10 cents on the ...
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter. Firms working in distressed-debt special situations including Davidson Kempner Capital Management LP and Attestor are looking to buy up such assets at valuations as low as 10 cents on the dollar, the people said, asking not to be identified discussing private deals. In some cases, buyers are taking on distressed assets for free, and agreeing to pay the seller a small amount if the underlying lawsuit wins. Litigation finance has doubled in size over the past decade to become a $20 billion industry, channeling capital into lawsuits spanning everything from allegations of corporate malfeasance to bankruptcy disputes. But a combination of tougher regulations in key jurisdictions, protracted legal battles and investor flight has stunted its growth. Spokespeople for Davidson Kempner and Attestor declined to comment. The Assets Being Targeted: In litigation finance, an investor provides capital to support a legal claim, typically by covering legal fees or other costs as a case moves through the courts. If the side backed by the investor prevails (or a settlement is reached), they get a share of the proceeds. The asset is the financial interest in that claim, rather than the lawsuit itself. Some traditional litigation funders are simply “running out of cash,” said Zachary Krug , a managing director in NorthWall Capital ’s legal asset investment team. Lengthy court cases in particular have emerged as a headache, he said, upending the financial logic of what had once seemed like solid bets. And as early-stage investors walk away, “you are seeing a lot of supply into the market,” Krug said. Fortress Investment Group is among asset managers regularly hunting for opportunities in the market, the people said. Bench Walk Advisors , itself a litigation funder, has also been...