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NASDAQ:TRMD News 7 January 2026

TORM (TRMD) stock jumps as Oaktree drops below one-third — what changes next

TORM (TRMD) stock jumps as Oaktree drops below one-third — what changes next

TORM shares rose 6.7% to $21.85 after Oaktree Capital’s stake dropped below one-third, triggering a governance overhaul and ending special voting rights. Deputy Chairman David Weinstein exited the board immediately. Hafnia recently acquired 13.97% of TORM and may explore a business combination. Investors await the Feb. 26 annual report and the cancellation of B and C shares.
7 January 2026

Stock Market Today

Energy stocks set for a geopolitical week after Iran warning and oil rebound

Energy stocks set for a geopolitical week after Iran warning and oil rebound

7 February 2026
U.S. energy stocks rose Friday, with the S&P 500 energy sector up 1.88% and Exxon Mobil gaining 2.03%. Brent crude settled at $68.05 a barrel after Iran threatened U.S. bases if attacked. Saudi Aramco cut March Arab Light crude prices to a five-year low for Asia. Kazakhstan’s CPC Blend exports may drop 35% this month due to Tengiz oilfield disruptions.
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