Donald Trump abruptly departed the G7 Summit in Canada on Monday evening, citing the escalating conflict between Israel and Iran. French President Emmanuel Macron told reporters that the US president had received an offer—via intermediaries—aimed at securing a ceasefire and restarting broader discussions between the two adversaries.“There is indeed an…
The European Commission on Tuesday is expected to propose a ban on Russian gas and liquefied natural gas (LNG)…
US President Donald Trump dismissed speculation that his early departure from the G7 summit in Canada was linked to…
Maritime traffic through the Strait of Hormuz is facing new disruption as shipowners reassess security risks in the wake…
A recent surge in global oil prices, driven by geopolitical tensions in the Middle East, has increased pressure on…
US President Donald Trump has been saying that tariffs are the most beautiful word to him. They are supposed…
Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz. The incident occurred amid a surge…
In May, China saw a continued increase in crude stock builds, despite a decline in seaborne imports.Stockpiling rate exceeded…
Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering…