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SHIPPING ROUTE BLOCKAGE
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...- RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
- Brent crude hits $119/barrel after UAE says Iranian drone attack hit oil facility, raising global oil supply fearsBrent oil price rise is linked to Middle East tension after a drone attack in the United Arab Emirates. Supply fears are growing as key oil...
- Europe may run out of jet fuel in 6 weeks: Why IEA warns Europe could face flight chaos as Iran war sparks a global energy crisisEurope jet fuel shortage: Europe faces a potential six-week jet fuel shortage due to ongoing supply blockages from the Iran war, raising co...
- From dropping bombs to pressuring banks: US pivots to economic warfare on IranThe Trump administration is shifting its Iran strategy towards economic pressure, threatening secondary sanctions on countries doing busine...
- Will US naval blockade on Iranian ports successful in ending already-fragile ceasefire? Global oil, Strait of Hormuz, Donald Trump, Iran tensions explainedWill US naval blockade on Iranian ports successful in ending already-fragile ceasefire? The United States has launched a naval blockade tar...
- Brent WTI crude oil prices jump 5% today: Why oil and gas prices are rising again despite ceasefire announcements — will crude oil touch the $110 mark again?Today’s oil price surge and current oil and gas prices outlook: Oil prices jumped sharply today, with Brent crude at $98.82 and WTI near $9...
- Navy ensures security of Indian commercial ships, oil tankers: Defence Minister Rajnath SinghDefence Minister Rajnath Singh highlighted the Indian Navy's crucial role in protecting trade routes and energy supplies. The Navy maintain...
- Strait of Hormuz blockage: Key facts, figures, and impact on global oil and LNG tradeHere are key facts and figures about the blockage of the Strait of Hormuz, a crucial shipping route virtually paralysed by the Middle East ...
- Why it's so hard to reopen the Strait of HormuzHundreds of oil tankers are stranded as Iran blockades the Strait of Hormuz. Soaring oil prices are impacting the global economy. Experts w...
- Middle East war halts Strait of Hormuz traffic, 20,000 seafarers strandedThe Strait of Hormuz, a vital global shipping lane, is severely disrupted by the ongoing Middle East war. This vital waterway, crucial for ...
- How can Strait of Hormuz shipping blockage be solved?Commodities may soon flow again through the Strait of Hormuz. Experts suggest military action, diplomatic talks, or shipowners taking risks...
- Maersk sues Evergreen over 2021 blocking of Suez CanalThe Copenhagen-based shipping company said the claim is related to losses suffered during the canal’s blockage.
- Traffic jam eases further in Suez Canal after ship unblockedLeth Agencies said that a total of 357 vessels have crossed the Canal since the ship was re-floated by a flotilla of tugboats, helped by th...
- International reinsurers stare at big losses from Suez Canal's blockage, says Fitch RatingsThe 400-metre (430-yard) long Ever Given got wedged diagonally across the canal in high winds early last Tuesday, blocking the path for hun...
- Your coffee could get dearer due to Suez Canal blockageReports said ships of Robusta coffee -- used by Nescafe -- have got caught up in the blockage.
- Suez Canal chief cites possible 'human error' in ship groundingThe crisis has crippled global supply chains, forcing cargo firms to choose between waiting or the expensive option of rerouting vessels ar...
- Suez Canal crisis: Expect freight rates to spike further, caution industry expertsAfter being hammered by a container shortage, skyrocketing shipping costs is the latest headache for Indian exports.
- Suez Canal blockage may choke India’s trade, supply chainIndia’s shipments of oil, textiles, furniture, cotton, auto components and machine parts to Europe, North America and South America could g...
- Four-pronged plan to deal with Suez Canal blockage, says Indian governmentThis route is used for Indian exports/imports worth $200 billion to/from North America, South America and Europe and includes petroleum goo...
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