How markets have moved six months into the war, and where they might be headed in the future.
Category: Ships and Shipping
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How 6 Months of War in Iran Jolted Oil, Gas, Stocks and More
The New York Times – Business: -
Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The New York Times – Business:The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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Under Threat, Saudi Arabia Reroutes Oil Exports Yet Again
The New York Times – Business:Forced away from the Strait of Hormuz in the Persian Gulf, the Saudis turned to the Red Sea. Now they are relying on a less dangerous but more complicated detour via the Suez Canal.
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Spike in ‘Dark’ Oil Tankers in Gulf Raises Risk of Catastrophic Spills
The New York Times – Business:More vessels are navigating the Strait of Hormuz with their location devices turned off to evade attacks by Iran, adding to the threat of collisions.
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How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz
The New York Times – Business:With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.
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U.A.E. Halts Trade Ties With Iran and Says It Was Targeted With Missiles
The New York Times – On the Runway:The Emirates has long been a major trading hub for Iran, and analysts say it has been key to Iranian efforts to evade international sanctions, which the country denies.
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How the Iran War Made Africa’s Richest Man Even Richer
The New York Times – Business:Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial.
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Ship Exiting the Strait of Hormuz Is Attacked
The New York Times – Business:At least 17 commercial sailors have been killed in and around Iranian and Omani waters since March. Six months into the conflict, the vital waterway remains exceptionally dangerous.
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Houthis Claim Strike on Saudi Vessel as Red Sea Violence Escalates
The New York Times – On the Runway:The armed group, based in Yemen and backed by Iran, said it had launched missiles near the vital maritime trade route, in a conflict that shows no sign of abating.