Gulf countries’ dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel’s energy minister said, allowing them also to bypass Red Sea shipping disruptions.Oil pr…
Gulf-Europe Oil Pipeline Could Minimize Red Sea Dependency Read More »
France and Britain will outline plans for a multinational maritime mission in the Strait of Hormuz at talks between NATO and Gulf Arab foreign ministers on Tuesday, but diplomats say Iran’s rejection of the initiative makes it unlikely to break…
NATO Allies, Gulf Arab Ministers to Discuss Strait of Hormuz Tensions Read More »
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, finalized its acquisition of the Rolls-Royce Naval Handling facility in Peterborough, Ontario. The closing officially establishes the facility as FMD’s Canadian headqu…
FMD Completes Rolls-Royce Acquisition, Establishes Canadian HQ Read More »
A Qatari LNG tanker was at risk of exploding and a Saudi-flagged crude oil tanker was damaged near the Strait of Hormuz, sources said on Tuesday, after reports that Iran fired missiles at ships in the waterway overnight.The Al Rekayyat, loaded with liq…
Two Vessels Struck Near Hormuz, LNG Tanker at Risk of Explosion Read More »
Ukrainian drones have attacked a dozen tankers from Russia’s “shadow fleet” over the past two days that were delivering fuel to Crimea, Kyiv’s military said on Tuesday, as it intensifies efforts to isolate the Russian-occupied peninsula.Ukraine’s…
Ukraine Attacks a Dozen Russian Shadow Fleet Tankers Over Two Days Read More »