The biggest oil producer in the United Arab Emirates spent $1.3 billion to expand its tanker fleet to benefit from surging crude exports after the country left OPEC and pushed more of its oil through…
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Crude oil tanker, Amjad, which was one of two Saudi tankers on May 13, 2019 [KARIM SAHIB/AFP via Getty Images " data-large-file="https://i0.wp.com/www.middleeastmonitor.com/wp-content/uploads/2024/09/…
On Thursday, Iranian-backed Houthi forces launched attacks on the Saudi border city of Najran and the Yemeni government stronghold at Marib, part of a...
Shipping traffic through the Strait of Hormuz has dwindled to 33 vessels from Monday to Thursday this week, data showed, versus 50 in the week-ago period, as markets watched talks between Iran and…
Reports suggest that Tehran is discussing a bill barring US and Israeli vessels from passing the Strait of Hormuz.
UK businesses are facing mounting pressure from renewed tension around the Iran conflict, with rising transport, sourcing, and energy costs threatening to squeeze margins and further disrupt already…
X-Press Feeders has announced the launch of its new Egypt Adriatic X-Press (EAX) service. The fixed-day weekly service will provide a direct connection between Egypt and the North Adriatic. Moreover,…
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