Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
Category: Middle East
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Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business: -
Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business:Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Families of Sailors Killed in Gulf Struggle for Compensation and Closure
The New York Times – Business:Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
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Families of Sailors Killed in Gulf Struggle for Compensation and Closure
The New York Times – Business:Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
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World’s Energy Order Tested Again as Iran War’s Reach Extends Further
The New York Times – Business:“We are entering an age of prolonged insecurity,” one former U.S. energy official said of what have become chronic threats on the Middle East’s energy core.
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How Middle East Oil Exports Started Recovering
The New York Times – Business:Our business reporter Peter Eavis describes how oil exports from the Middle East have rebounded this month, getting closer to the levels seen before the Iran war.
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U.S. Intelligence Warns of China Theft Over Sale of F-35 Jets to Saudis
The New York Times – On the Runway:Internal reports, including one from the Pentagon’s Defense Intelligence Agency, say China could acquire U.S. jet technology through spying or cooperation with Saudi Arabia.
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Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
The New York Times – Business:Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
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Houthis Say They Downed a Saudi Fighter Jet and Deny Targeting Mecca
The New York Times – On the Runway:The Iran-backed militia in Yemen made its claim hours after a Saudi-led military coalition accused it of firing a drone near the Muslim holy city.
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Pentagon Inspector General Details U.S. Losses and Challenges in Iran War
The New York Times – On the Runway:Helicopters for evacuating casualties were pulled from four countries, and hundreds of military facilities were destroyed, according to a new report.
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Gulf Tankers Are Running Out of Ways to Export Oil: ‘These Waters Aren’t Safe’
The New York Times – Business:Ship operators already faced severe risks in navigating the region, and now the danger is higher as Houthi militias assert control in the Red Sea.