Rising Gulf tensions have pushed global crude oil prices up by 9-10%, with Brent crude crossing $80 per barrel. Despite this, India's petrol and diesel prices are unlikely to change immediately as the ...
The Middle East conflict made for a volatile day. U.S. stocks initially sold off, but regained ground. The S&P 500 index ended fractionally higher. The Nasdaq composite rose 0.4%, while the Dow Jones ...
Iran’s response is underpinned by a diverse missile and drone arsenal, hardened infrastructure, and strategic maritime capabilities ...
Global logistics and shipping giant Maersk has suspended all new cargo bookings between Bangladesh, along with three other South Asian countries, and select Gulf destinations, citing operational risks ...
With few captains willing to brave the Strait of Hormuz as war rages around the Gulf, companies will have to do business ...
Shipping and logistics companies have restricted or halted bookings through the region, with oil prices already on the rise. Disruptions could snarl trade around the world.
The new routes will take longer, and some shipping companies are adding a surcharge to compensate for the additional risk, as ...
Maritime intelligence company Lloyd’s List reported on Sunday that no traceable passages have been made by major crude tankers through the Strait of Hormuz since Saturday night.
The attacks on Iran are already sending gasoline prices higher, and even steeper increases are probably coming soon.
FreightWaves reported ocean shipping lines have “fled” the Strait of Hormuz, which is the narrow route between Iran, Oman, and the United Arab Emirates. Iran announced it planned to “close” the strait ...
Stocks on Sweden's OMX Stockholm 30 Index declined 1.7%, while Norway's Oslo Exchange Benchmark Index_GI gained 1.2%. Shares in Iceland decreased, with the OMX Iceland All-Share PI Equity Index ...
An expanding military conflict across the Middle East following a coordinated attack on Iran by Israel and the United States on Feb. 28 has disrupted commercial shipping in the Strait of Hormuz and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results