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Somaliland offers a stable base near Red Sea chokepoints amid rising tensions with Iran and China’s influence in Djibouti.
Russian gas accounted for about 19% of EU imports last year, down from roughly 45% before Moscow's invasion of Ukraine and oil imports have declined to 3% from 27% in early 2022. Global Banks Increase ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The Gulf region faces rising concerns over ship jamming, affecting navigation and safety. Fake signals show oil tankers in improbable locations, complicating maritime activities. As geopolitical ...
Oil Climbs Over 2% on Middle East Risks -- Market Talk ...
Brent crude spiked over 2.5% on Tuesday after Israel launched an airstrike on Iran’s underground uranium enrichment facility at Natanz ...
Two oil tankers caught fire off the coast of the United Arab Emirates in a dramatic incident that has once again brought ...
If the U.S. entered the conflict between Iran and Israel, Tehran could target American military assets in the region, experts ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...