Oil Tankers Run The Houthi Gauntlet to Keep Saudi Exports Flowing
Attacks on ships by the Yemeni rebels have slowed but not stopped Red Sea oil shipments
Page 2 of 6 — 137 headlines
Attacks on ships by the Yemeni rebels have slowed but not stopped Red Sea oil shipments
Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea. And, President Trump overnight replaced expiring tariffs with a slew of new ones.
Developing story — details emerging. Check the source link for the latest updates.
Aliko Dangote is betting that Africa’s largest refinery, the continent’s biggest cement producer and his fertilizer businesses will expand his empire fivefold to $100 billion by the end of the decade.
Everything you need to know before you reach the office this morning.
JPMorgan analysts said oil has been remarkably restrained despite fresh hostilities over the Iran war, but much depends on China.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
Global oil prices have surged once again as tensions in the Middle East continue to escalate. Brent crude has climbed above $100 a barrel for the first time since May. While much of the focus has been on the strategic Strait of Hormuz, shipping through the Red Sea is also coming under growing t...
Developing story — details emerging. Check the source link for the latest updates.
Yemen’s Iran-backed Houthi rebels say they attacked two Saudi oil tankers in the Red Sea on Thursday, marking their first reported strike on a vessel since announcing a blockade of Saudi-linked shipping through the Bab el-Mandeb Strait earlier this week. The Houthis say the move is retaliation f...
Could the oil industry be held responsible for fueling the extreme heat that led to a woman’s death? That’s the question at the heart of a novel lawsuit in Washington state. Misti Leon’s mother died from overheating during the hottest day in state history in June 2021, when temperatures climbed...
Stocks in Asia were down following a sell-off in the U. S. markets over soaring oil prices, rising borrowing costs and worries about the technology industry.
For nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan company a fresh growth story.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Chinese buyers are snapping up Russia’s flagship ESPO crude weeks earlier than usual, as heightened risks to Middle East oil flows prompt refiners to secure supplies before they’re needed.
Global bonds are being pummeled by the latest resurgence in energy prices, delivering losses to investors who bet the worst of this year’s rout was over and teeing up credibility tests for central bankers.
Houthi attacks for now are shaping who moves Saudi crude, not whether it moves, analysts say, even as oil prices soar.
The United States launched a new series of strikes in Iran on Friday, while Iran-backed Houthi rebels opened a second front in the conflict, attacking Saudi tankers in the Red Sea and sending oil prices skyrocketing. Follow our liveblog for the latest developments.
The Philippine peso fell to a fresh record low as oil prices climbed, boosting pressure on the central bank to intervene as markets eye 62 as the next key level.
Stocks in Asia were poised for declines after a sharp Wall Street selloff, while oil surged above $100 a barrel for the first time in two months as an escalating Middle East conflict stoked fears of renewed inflation.
Wall Street traders sent stocks wavering at the end of a jittery week, with a drop in oil prices and signs of strength in Corporate America’s profit machine offsetting a selloff in chipmakers.
A global selloff in technology stocks gained momentum as doubts over returns from billions of dollars spent on artificial intelligence were compounded by a surge in oil prices that rekindled inflation concerns.
Stocks and bonds fell as doubts over returns from billions of dollars spent on artificial intelligence coincided with a surge in oil prices that rekindled inflation concerns.