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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.
Goldman Sachs reveals that, despite stable production, the fires in Alberta represent a growing threat to the Canadian oil industry.
Goldman Sachs reveals that, despite stable production, the fires in Alberta represent a growing threat to the Canadian oil industry.
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.
In the midst of geopolitical tension, oil markets remain cautious, affected by conflicts in the Middle East and Russian-Ukrainian relations.
In the midst of geopolitical tension, oil markets remain cautious, affected by conflicts in the Middle East and Russian-Ukrainian relations.
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.
A Panamanian oil tanker was hit by a missile near Yemen, causing a fire and minor damage, according to maritime safety sources.
A Panamanian oil tanker was hit by a missile near Yemen, causing a fire and minor damage, according to maritime safety sources.
The Houthis have warned Saudi Arabia of a possible target, should it assist the US-led coalition's attack on Yemen.
The Houthis have warned Saudi Arabia of a possible target, should it assist the US-led coalition's attack on Yemen.
Tensions in the Red Sea continue to exacerbate oil market volatility, with significant repercussions on world prices.
Tensions in the Red Sea continue to exacerbate oil market volatility, with significant repercussions on world prices.
Recent attacks on ships in the Red Sea by Houthi militants in Yemen have triggered a significant rise in oil prices, revealing the direct impact of geopolitical tensions on global energy markets.
Recent attacks on ships in the Red Sea by Houthi militants in Yemen have triggered a significant rise in oil prices, revealing the direct impact of geopolitical tensions on global energy markets.
The UN is about to embark on a complex operation to avert an environmental disaster in the Red Sea, off the coast of Yemen, by transferring oil from a dilapidated supertanker to a specially chartered vessel. This risky mission aims to save the FSO Safer, an old tanker containing over a million barrels of oil, which has been moored for years near the coast of Hodeida, a port city in western Yemen, and is threatening to cause a huge oil spill. Despite the dangers posed by extreme temperatures and the presence of sea mines in the region, the UN hopes to eliminate the risk in around three weeks to avoid a potentially devastating ecological catastrophe for the flora and fauna of the Red Sea and neighboring countries.
The UN is about to embark on a complex operation to avert an environmental disaster in the Red Sea, off the coast of Yemen, by transferring oil from a dilapidated supertanker to a specially chartered vessel. This risky mission aims to save the FSO Safer, an old tanker containing over a million barrels of oil, which has been moored for years near the coast of Hodeida, a port city in western Yemen, and is threatening to cause a huge oil spill. Despite the dangers posed by extreme temperatures and the presence of sea mines in the region, the UN hopes to eliminate the risk in around three weeks to avoid a potentially devastating ecological catastrophe for the flora and fauna of the Red Sea and neighboring countries.

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