Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
Category: Ships and Shipping
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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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Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies
The New York Times – Business:In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
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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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America’s Favorite Fruit Is Being Bruised by the Iran War
The New York Times – Business:The journey of one banana from farm to store shows how the war’s economic effects have cascaded into some surprising industries.
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Oil Prices Jump on Outburst of Violence in the Middle East
The New York Times – Business:Attacks on ships around the Strait of Hormuz have continued as a war between Saudi Arabia and the Houthi militia intensified.
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Burst of Attacks in Gulf Heightens Fears Over Fragile Energy Trade
The New York Times – Business:Strikes on tankers in the Strait of Hormuz and oil infrastructure in Saudi Arabia came as the region’s exporters were getting more oil to the world market.
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Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
The New York Times – Business:Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
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Mideast Oil Exports Rebound Even as Prices Remain Elevated
The New York Times – Business:More tankers are moving through the Strait of Hormuz as shippers gain confidence, but the global supply of oil is still below demand.
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How Unions Are Confronting A.I. Threats in the Workplace
The New York Times – Business:The machinists union shows how workers are negotiating for a say in the ways artificial intelligence is used in their workplaces.