Attacks on ships around the Strait of Hormuz have continued as a war between Saudi Arabia and the Houthi militia intensified.
Category: Ships and Shipping
-
Oil Prices Jump on Outburst of Violence in the Middle East
The New York Times – Business: -
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.
-
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.
-
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.
-
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.
-
As a New Oil Power, China Gains More Sway Over Energy Markets
The New York Times – Business:The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
-
What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.
The New York Times – Business:President Trump recently blamed Ukrainian attacks on Russian refineries for causing a spike in diesel prices, but analysts say the Iran war is probably a bigger factor.
-
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.
-
The Iran War Is Pushing Global Coal Use to Record Highs
The New York Times – On the Runway:Five years after virtually every world leader agreed to “phase down” the burning of coal for climate reasons, the fuel is more widely used than ever.
-
Yemen’s Houthis Seize Strategic Red Sea Port, Officials Say
The New York Times – On the Runway:The Iran-backed militia routed Yemeni government forces in Mokha, putting the group in a stronger position to attack ships in a crucial waterway for global trade.
-
Yemen Tilts Toward Full-Scale War as Saudi-Houthi Clashes Escalate
The New York Times – On the Runway:With its oil-export routes once again under threat, Saudi Arabia is stepping up its military campaign against an old antagonist.