As tankers divert from Red Sea, booming US oil gets another boost
US oil production is at a record, and as more crude tankers avoid the Red Sea and Suez Canal, Europe is buying more of it for the diesel market.
Source: cnbc.com
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As more tankers divert from Suez Canal, there's a 'sea change' in way Europe is buying crude – NBC New York
US oil production is at a record, and as more crude tankers avoid the Red Sea and Suez Canal, Europe is buying more of it for the diesel market.
Source: nbcnewyork.com
Airstrikes on Yemen bring new level of chaos to shipping in the southern Red Sea
The disruption is affecting raw materials and consumer goods all along the supply chain. Oil from countries such as Iraq and Saudi Arabia has been disrupted by in the chaos.
Source: indiatimes.com
Airstrikes on Yemen bring new level of chaos to shipping in the southern Red Sea, ET EnergyWorld
Red Sea: On Wednesday, a third commodity carrier in three days was struck, this time by a drone. Senior officials in the shipping industry privately acknowledge that many crew are now frightened at the prospect of transit.
Source: indiatimes.com
Airstrikes on Yemen Bring New Level of Chaos to Shipping in the Southern Red Sea
The US and UK's decision to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across
Source: claimsjournal.com