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World Business Report

foreseeable. i think it is fair to assess that — foreseeable. i think it is fair to assess that and _ foreseeable. i think it is fair to assess that and the _ foreseeable. i think it is fair to assess that and the global- foreseeable. i think it is fair to - assess that and the global shipping industry, the container shipping industry, the container shipping industry, is seeing the ugly face of geopolitics more often than ever before. we used to say that in the strait of hormuz, impacting mostly the imports of oil. but we are seeing now is more severe, narrowing in on container shipping. this is a tense area for shipping. without doubt this is not only the carriers that need to act, it is also the global shippers that also need to assess the geopolitical risk of their global supply chains in a different perspective. in the short term, what did they do? long—term will they change their supply chains permanently? as we've been hearing, the red sea crisis has already been pushing up the cost of shipping.

Global-foreseeable , Shipping-industry , Container-shipping-industry , Face , Geopolitics , Strait-of-hormuz , In-the-red-sea , Oil , Area , Container-shipping , Imports , Narrowing

Americas Newsroom

have had to date 27 attacks against commercial shipping along the red sea and let me just advance it one time here. so everything you see in orange is controlled by the houthi rebels which gives them a lot of say right now as to what goes on here in the red sea. this is the strait about 18 miles wide, a choke point right there where you have roughly 12% of the world's trade that passes through there. just be patient with me a moment. i want to go back to this. this is the strait of hormuz that we've talked about for decades. as thin as it can be only at its thinnest point is 35 miles wide. down here is a choke point that is twice as restrictive as what we saw there in the strait of hormuz, which is bordered by iran to the north and east there. show you one more thing here. this is what the u.s. and u.k. and coalition partners did

Houthis , Attacks , Red-sea , Everything , Lot , Shipping , Rebels , Say , Orange , One , 27 , Choke-point

Americas Newsroom

and israeli flags put on deck. >> dana: thank you. >> bill: this is a quickly developing story. we'll see what happens next and get reaction from the pentagon coming up. wait to hear what happens more from the white house and try to figure out what's going on overseas. to jack keen's point going after iran. here is where it gets sticky. here is iran, right? they control militia's like hezbollah in northern lebanon, the militias in iraq and syria hitting u.s. forces throughout the area. they've got influence on hamas here in gaza. and they've been helping out the houthis shia -- shia fighting a civil war against the government in yemen. also fighting saudi arabia sunni. iran has influence all throughout this area. strait of hormuz. the area on the red sea we're concerned about going back to mid november. since the 19th of november, we

Bill , Dana-perino , White-house , Story , Reaction , Pentagon , Flags , Deck , Israeli , Iran , Point , Militias

World Business Report

strait of harbours, that is a key route for oil and gas which says sum of 20 million barrels of oil a day —— strait of hormuz. that could see another on the rise again. and we can talk about the cost of goods as well, supply shipping route delays and rewrites means it takes longer not only to get the elements of production, but to get them to the end and that increases demand and that increases prices. especially in the moment where we are starting to see those price increases easing. these all become part of the decision—making when we talk about something like interest rates being able to be cut in the year 202a. the price of inflation and goods coming down is a key part of that decision—making. down is a key part of that decision-making.- down is a key part of that decision-making. down is a key part of that decision-makinu. ., ~ , ., ., .,

Oil , Route , Barrels , Strait , Gas , Harbours , Sum , Strait-of-hormuz , 20-million , Goods , Cost , Elements

Iran confirms seizure of oil tanker in Gulf of Oman by armed men in military uniforms

The vessel was once known as the Suez Rajan and had been involved in a yearlong dispute.

Iran , Gaza-strip , Gulf-of-oman , Iran-general- , United-states , Washington , Oman , Iraq , United-arab-emirates , Singapore , Houston , Texas

Saudi Arabia may cut price premiums on all crude grades in February to one-year-lows

The potential move by the world’s top oil exporter comes as concerns intensify that supply may outpace demand

Iran , Dubai , Dubayy , United-arab-emirates , Red-sea , Djibouti-general- , Djibouti , Saudi-arabia , Kuwait , Iraq , Saudi , Kuwaiti

Brent crude above $80 as Middle East tensions persist

Angola’s decision to quit Opec because of output quotas raises questions about cartel’s effectiveness

Angola , Red-sea , Djibouti-general- , Djibouti , Texas , United-states , Russia , Saudi-arabia , Hong-kong , Shanghai , China , Germany

Chokepoint threats to LNG trade are rising [Gas in Transition]

Conflict in the Middle East and climate change pose major risks for LNG transit and, by extension, global energy security and greenhouse gas emissions. [Gas in Transition, Volume 3, Issue 11]

Israel , Gaza-strip , Middle-east , Panama-canal , Suez-canal , Ever-given , Gatun-lake , Qatar , Greenhouse-gas-emissions , Asia , The-suez-canal

Exxon Mobil: Higher-For-Longer Oil Prices Are A Game Changer (NYSE:XOM)

Exxon Mobil: Higher-For-Longer Oil Prices Are A Game Changer (NYSE:XOM)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

Algeria , Oman , Iran , Kazakhstan , Iraq , Venezuela , Russia , Gulf-of-oman , Oman-general- , Red-sea , Djibouti-general- , Djibouti

Iran, Oman stage joint naval exercise in Strait of Hormuz

Iranian and Omani military forces hold a joint naval rescue and relief exercise in the Hormuz Strait and the northern parts of the Indian Ocean.

Sahand , Sistan-va-baluchestan , Iran , Pakistan , Russia , Oman , Islamic-republic-of-iran , Omani , Iranian , Indian-ocean , Islamic-republic-of-iran-navy , Naval-division-of-the-border-police