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SUEZ CANAL BLOCKADE
What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...- Trump administration sows confusion as it tries to reopen Strait of HormuzThe Trump administration's approach to the Iran war has been marked by conflicting statements. Initially, a ceasefire was declared, followe...
- French carrier group moves south of Suez ahead of conditional UK-French Hormuz missionFrance's aircraft carrier Charles de Gaulle is now in the Red Sea. This move prepares for a possible mission in the Strait of Hormuz. The F...
- So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...
- What is Bab el-Mandeb? The critical trade route Iran threatens to shut downThe Iran Red Sea trade threat has intensified sharply, with tanker traffic through the Strait of Hormuz falling below 10% of its normal dai...
- Despite Trump's naval blockade, Iran has not run out of cardsIran warns it could block vital shipping lanes including the Persian Gulf, Sea of Oman, and Red Sea. This move escalates tensions with the ...
- Trump says Iran war 'close to over'; army chief of mediator Pakistan arrives in TehranPresident Trump anticipates the war with Iran is nearing its end, with Pakistan's army chief arriving in Tehran to mediate further talks. D...
- US Navy maintains 15-ship presence in Middle East, may participate Iran blockadeThe United States Navy currently has at least 15 ships deployed in the Middle East, including the aircraft carrier USS Abraham Lincoln and ...
- 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...
- Iran war leaves crisis-scarred countries counting the costIran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...
- Oil rises for a fourth day on supply cuts from widening Middle East conflictOil prices are climbing for the fourth day. Brent crude is set for its largest monthly gain ever. U.S. crude futures are also seeing a sign...
- The next Suez threat? A big hackRoughly 500 ships passed through the Suez in the year the Convention of Constantinople was signed; Egypt would like to see that number top ...
- Oil falls as Suez Canal opens, focus turns to OPEC+ meetingBrent crude fell 31 cents, or 0.5%, at $64.67 a barrel by 11:11 a.m. (1511 GMT.) West Texas Intermediate US oil was down by 47 cents, or 0....
- Mega-ship in Suez Canal moved '80%' in right directionThe MV Ever Given, longer than four football fields, became wedged diagonally across the canal during a sandstorm last Tuesday, strangling ...
- 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.
- Oil jumps 4% on fears Suez Canal blockage may last weeksBrent crude rose $2.37, or 3.8%, to $64.32 a barrel at 10:57 a.m. EDT (1457 GMT), after dropping 3.8% on Thursday.
- Ever Given, the ship blocking the Suez Canal, is costing billions of dollars for people around the world
- Oil prices drop 5% as demand concerns outweigh Suez disruptionBrent crude slid fell $2.79, or 4.3%, to $61.62 a barrel by 11:20 a.m. EDT (1520 GMT). US West Texas Intermediate (WTI) crude fell $3.20, o...
- Egypt unrest may fuel rally in oil & gas stocksBrokers are recommending shares of oil exploration companies on expectations that the Egypt unrest could trigger an oil crisis.
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