Energy Trading Hit by Worldwide IT Outage

Category: Business

A worldwide outage affected energy trading in London and Singapore, disrupting services for banks, airlines, and media organizations. Microsoft 365 and Azure services were reported down, impacting major oil and gas trading desks. While the London Stock Exchange continued operations, its regulatory news service faced issues. Airlines experienced booking and check-in difficulties, with some flights grounded. Microsoft announced that its cloud services have been restored, but some residual impacts remain.

Keywords: Energy Trading, Microsoft Outage, London Stock Exchange

Source: Crude Oil Prices Today | OilPrice.com

Update At: 7/19/2024

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