Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units Continue Reading
The seizure came two weeks after Iran threatened to retaliate against the U.K. for impounding an Iranian tanker in the British overseas territory of Gibraltar in early July. “The vessel Continue Reading
Yossef Bodansky, the Director of Research at the International Strategic Studies Association (ISSA) and Senior Editor of Defense & Foreign Affairs publications (including the Global… There was little doubt by Continue Reading
When Saudi energy minister Prince Abdulaziz bin Salman declared to reporters just three days after a devastating missile attack that state oil company Aramco had risen “like a phoenix from Continue Reading
Russia, Iraq and the United Arab Emirates are among the handful of oil producers benefiting from the recent attack on Saudi Arabia’s largest oil-processing facility, as Asian buyers seek alternatives Continue Reading
Houthi leaders initially said they were responsible for the attack on the oil facilities, but Saudi, U.S. and European officials have dismissed the claims as a transparent attempt to obscure Continue Reading
Saudi Arabia said on Saturday it would issue fines for 19 offences related to public decency, such as immodest dress and public displays of affection, as the Muslim kingdom opens Continue Reading
National Energy Commission (CNE) executive director Angel Canó, on Thur. stated concern over the unexpected drop in the supply of fuel for power plants and asked to diversify the energy Continue Reading
Cubans wait hours for buses to arrive. In Havana, drivers wait in long lines at gasoline stations. Both are signs of the effect of the United States’ sanctions on Cuba and its main Continue Reading
Chinese tourists stand in front of a large screen set up for the 70th National Day celebrations as they visit Tiananmen Square on Sept. 27 in Beijing. (Kevin Frayer/Getty Images) Continue Reading
