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Why the latest Israel-Gaza conflict could prove an international game changer

Why the latest Israel-Gaza conflict could prove an international game changer
Borzou Daragahi
© Provided by The Independent
An armed conflict in the Middle East between Israelis and Palestinians has become more vicious and much broader far quicker than anticipated, potentially altering the calculations of regional and global powers eager to ignore the long-simmering crisis.
The latest sequence of events began with attempts by Israeli settlers to appropriate Palestinian properties in Jerusalem and Israeli armed forces raids on the al-Aqsa mosque considered the third holiest site in Islam. The Gaza-based militant groups Hamas and Islamic Jihad responded with barrages of rockets against Israel, which launched ferocious airstrikes on targets in Gaza. ....

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Why the latest Israel-Gaza conflict could prove an international game changer

An armed conflict in the Middle East between Israelis and Palestinians has become more vicious and much broader far quicker than anticipated, potentially altering the calculations of regional and global powers eager to ignore the long-simmering crisis. The latest sequence of events began with attempts by Israeli settlers to appropriate Palestinian properties in Jerusalem and Israeli armed forces raids on the al-Aqsa mosque considered the third. ....

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Saudi Aramco Cuts Official Selling Prices For Asia, Europe

By David Hodari
Saudi Arabian Oil Co. on Wednesday cut all of the prices at which it will sell oil to Asia and Europe in June, while slightly raising its prices for the U.S., signaling the struggles some of Europe s and Asia s economies have faced in keeping coronavirus infection rates at bay.
The state-run company, also known as Saudi Aramco, cut all prices for Far East Asia, lowering its Arab light crude oil by 0.10 cents a barrel to a 1.70 cents-a-barrel premium to the Oman/Dubai average.
Meanwhile, Aramco cut its light crude sale price to Northwest Europe by 0.50 cents a barrel, leaving it at a 2.90-cents-a -barrel discount to Brent crude oil traded on the Intercontinental Exchange, while lowering its light crude sale price for the Mediterranean by 0.20 cents a barrel to give it a 2.30-cents-a-barrel discount to ICE Brent. ....

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Hapag-Lloyd Establishes New Bunker Desk in Singapore

Hapag-Lloyd Establishes New Bunker Desk in Singapore
by Ship & Bunker News Team
Friday April 30, 2021
Container line
Singapore, taking on about half of its global fuel requirements.
The new desk was set up earlier this month, a company representative told
Ship & Bunker this week.
The bunker desk is responsible for all purchasing activities for Middle East, Singapore, Far East Asia and Russia, North and South America and handles about half of Hapag-Lloyd s annual global demand of 4.5 million mt, the representative said.
Lukas Gaus has been appointed head of fuel purchasing in Singapore, and is looking to hire more buyers to add to the existing team. ....

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