The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.Rising prices for Iranian oil as well as Russian…
Iranian Oil Prices to China Spike as Shipping Sanctions Bite Read More »
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Tuesday but recorded its worst year since 2014, hurt by weaker rates across all vessel segments.The Baltic report will not be pub…
Baltic Index Logs Worst Year since 2014 Read More »
One tug reported hit in repeat attack focused on infrastructure
Israel launches fresh attacks on Yemen ports targeting Iranian arms imports Read More »
Prime minister of Finland says the shadow fleet poses a major political and environmental risk for the region
‘Enormous threat’: Shadow fleet tanker suspected in new cable sabotage drama Read More »
Oil rose almost 1% on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.Chinese authorities…
Oil Rises on China Stimulus Hopes, US Inventory Drop Read More »