Shipping’s exposure to geopolitics intensified this week, with the industry confronting simultaneous threats in Hormuz and the Red Sea, renewed attacks on Black Sea trade and a tariff reset. The…
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Houthi attacks for now are shaping who moves Saudi crude, not whether it moves, analysts say, even as oil prices soar.
A view of oil-well in action during sunset at Elk Hills Oil Field as gas prices on the rise in California, United States on April 14, 2024 [Tayfun Coşkun/Anadolu Agency] "…
The number of tanker crossings in the Strait of Hormuz dropped to lowest levels in two months on Thursday.
The shipping crisis straddling the Strait of Hormuz and Red Sea entered a more dangerous phase on Friday as Washington weighed a major escalation against Iran, oil slicks spread towards two Gulf…
Maersk has expanded its contingency measures across the Middle East as regional instability continues to disrupt shipping and logistics operations. In its latest Middle East Operational Update 40,…
The flow of Middle East energy trade is evolving yet again after attacks on two tankers in the Red Sea by Iran-backed Houthi militants. In a recent maritime security webinar,...
The Morning Manifest
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