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Brent Breaks Past $80 Barrier As Houthis Attack Red Sea - Vimarsana News

Brent Breaks Past $80 Barrier As Houthis Attack Red Sea

Brent crude oil prices have surpassed the $80 mark due to escalating Houthi attacks in the Red Sea and concerns over potential disruptions in energy trade.

China Explores Major Infrastructure Projects in Caspian Ports - Vimarsana News

China Explores Major Infrastructure Projects in Caspian Ports

China is actively exploring the development of infrastructure projects in Kazakhstan and Kyrgyzstan, including port facilities, railway lines, and air routes, to enhance regional connectivity and trade.

Elon Musk Asks World to Stop Demonizing Oil (for now) - Vimarsana News

Elon Musk Asks World to Stop Demonizing Oil (for now)

Elon Musk has regaled a right-wing summit in Italy with criticism of climate-change “exaggerating” environmentalists, and called on the public to stop “demonizing” fossil fuels. 

U.S. Crude, Product Inventory Builds Set To Deliver Cheap Gas For Holidays - Vimarsana News

U.S. Crude, Product Inventory Builds Set To Deliver Cheap Gas For Holidays

Crude oil inventories in the United States rose this week by 939,000 barrels for the week ending December 15, according to The American Petroleum Institute (API).

Major Shipping Firms Halt Red Sea Routes Following Houthi Attacks - Vimarsana News

Major Shipping Firms Halt Red Sea Routes Following Houthi Attacks

Seven major shipping companies have suspended operations in the Red Sea due to increased missile and drone attacks by Yemen's Iran-backed Houthis.