A Greek tanker carrying Iraqi crude was severely hit by missiles fired by the Iranian-backed Houthis, highlighting the escalation of terrorist actions in the Red Sea.
A Greek tanker carrying Iraqi crude was severely hit by missiles fired by the Iranian-backed Houthis, highlighting the escalation of terrorist actions in the Red Sea.
In July 2024, Russian seaborne exports of petroleum products to Asia doubled to 1.1 million tonnes, with increased use of the Cape of Good Hope route to avoid the Suez Canal.
In July 2024, Russian seaborne exports of petroleum products to Asia doubled to 1.1 million tonnes, with increased use of the Cape of Good Hope route to avoid the Suez Canal.
New US sanctions against Iran and the Houthi rebels are shaking up the oil market, amplifying geopolitical tensions in the Middle East and disrupting supply chains.
New US sanctions against Iran and the Houthi rebels are shaking up the oil market, amplifying geopolitical tensions in the Middle East and disrupting supply chains.
The port of Hodeidah in Yemen is in flames after Israeli strikes in retaliation for a Houthi drone attack on Tel Aviv, exacerbating regional tensions and threatening the flow of goods.
The port of Hodeidah in Yemen is in flames after Israeli strikes in retaliation for a Houthi drone attack on Tel Aviv, exacerbating regional tensions and threatening the flow of goods.
A record number of US LNG freighters transited the Cape of Good Hope on their way to Asia this year, due to various logistical and geopolitical challenges.
A record number of US LNG freighters transited the Cape of Good Hope on their way to Asia this year, due to various logistical and geopolitical challenges.
