Red Sea Attacks Add Another Snarl to Global Shipping
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Red Sea Attacks Add Another Snarl to Global Shipping

Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.
Middle East Conflict Threatens Global Economic Growth
Posted inBiden, Joseph R Jr Defense and Military Forces Gaza Strip Hamas Houthis Inflation (Economics) Intel Corporation Interest Rates internal-storyline-no Israel Israel-Gaza War (2023- ) Lisbon (Portugal) Oil (Petroleum) and Gasoline Powell, Jerome H Siemens AG United States Economy

Middle East Conflict Threatens Global Economic Growth

Oil prices climbed again on Friday as armed clashes intensify in Israel and, increasingly, beyond.
Tanker in Yemen Is Emptied of Oil, Averting Catastrophic Spill
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Tanker in Yemen Is Emptied of Oil, Averting Catastrophic Spill

More than a million barrels of oil on a tanker off the coast of Yemen were transferred to another ship bought by the United Nations. But now a new hurdle looms: Who owns the recovered oil?