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MIDDLE EAST SHIPPING RISKS
Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. Pr...- Global Market: Nikkei slips as rising oil prices, bond yields weigh on Japanese stocksJapan’s Nikkei fell on Friday and was headed for its steepest weekly decline in more than a month as rising oil prices, higher bond yields ...
- US Iran war: Hormuz ship crossings hover in single digits, data showsShip crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...
- Oil Price Today (August 20): Crude oil above $92/barrel as Trump vows ‘tremendous’ economic warfare on IranAs tensions rise in the US-Iran conflict, oil prices remain steadfast above ninety-two dollars per barrel. Concerns loom over the security ...
- Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
- Urban Company, Unicommerce expand partnership to Saudi Arabia, UAEUrban Company's Middle East division has partnered with Unicommerce to streamline its e-commerce operations in Saudi Arabia and the UAE. Th...
- Hormuz shipping unchanged amid US-Iran stalemate, data showsShipping traffic through the Strait of Hormuz remained unchanged on Wednesday. Discussions to end the war between the United States and Ira...
- Global Market: European shares flat as Middle East risks weigh; Fed Minutes in focusEuropean shares were largely flat as Middle East tensions kept investors cautious ahead of the Federal Reserve’s July meeting minutes. Gain...
- UAE halts all trade, commercial exchanges and financial transactions with Iran until further noticeThe United Arab Emirates has suspended all trade activities and financial transactions with Iran. This decision follows regional escalation...
- Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruption...
- Global Market: Japan stocks slide as oil spike and rising bond yields weigh on sentimentJapan’s Nikkei fell 1.1%, ending its five-session rally as Middle East tensions disrupted oil supplies and revived inflation concerns. Risi...
- Oil climbs as fading US-Iran peace hopes raise supply risksOil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The ...
- Oil Price Today (August 17): Crude oil approaches $90 again amid no breakthrough in Iran war talks. What’s next?Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...
- India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRIIndia must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes ...
- 5,000 sailors, 250 days at sea, food shortages and mouldy showers: Reported jump attempts raise alarm aboard USS Abraham Lincoln as USS George Washington prepares to replace itSailors of the USS Abraham Lincoln have faced an arduous deployment, surpassing 250 days with over 200 days at sea without making port call...
- US Navy sends new warship to replace USS Lincoln in Iran war amid mental health crisis, sailors threatening to jump overboardThe USS George Washington is heading towards the Middle East as concerns grow. The USS Abraham Lincoln faces an extended deployment, settin...
- Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensionsEuropean shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruption...
- US says more oil is leaving Middle East. Is it really?US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, re...
- Global Market: Japan stocks muted as investors await US CPI reportJapan’s Nikkei traded largely sideways as investors awaited US CPI data for clues on the Federal Reserve’s interest-rate outlook, while Mid...
- Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
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