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Just under 100 ships have sailed through the Strait of Hormuz since the beginning of March, even though the narrow strait has otherwise been virtually closed during the war in …
The price of container freight from Shanghai to various destinations around the world fell last week for the first time after three consecutive weeks of increases. This is evident from …
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The price of a barrel of crude oil could rise to over USD 180 if disruptions to oil exports from the Middle East continue through the end of April, say …
The price of a barrel of crude oil could rise to over USD 180 if disruptions to oil exports from the Middle East continue through the end of April, say …
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Prices on Brent and West Texas Intermediate (WTI) oil are moving in opposite directions on Thursday morning CET, pushing the spread between the two benchmarks to its highest level in …
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Oil prices are falling on Wednesday morning, thereby offsetting some of Tuesday’s sharp gains. This development follows an agreement between the Iraqi government and Kurdish authorities to resume oil exports …
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A damaged and unmanned Russian tanker is drifting in the Mediterranean Sea and could pose a potential environmental disaster, warns the governments of Italy, France, and seven other countries in …
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With a few exceptions, A.P. Moeller-Maersk is now suspending the return of empty containers to the Middle East. The group announced this on Monday in an update to customers. This …
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