Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering tankers to transport oil from the Middle East to Asia have risen, leading to a slowdown in ship bookings, according to a Reuters report.Tensions in the Middle East escalated last week…
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Oil prices climbed sharply last week following Israel’s airstrike on Iran and the latter’s retaliatory action on Tel Aviv.However,…
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Even as tensions simmer in the Middle East with the possibility of crude oil supply disruptions, prices are likely…
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Brazil’s service sector grew for the third straight month in April, fueled in part by strong transport demand associated…