Shaikh Nawaf al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), stated via CNBC that the...
Freight Rate Jumps 300% as Tensions in Red Sea Escalate with US-UK Attacks
Escalating tensions in the Red Sea has put the global economy in a crisis...
Oil Prices Top $80 after Houthis Vow Retaliation on US and UK for Strikes in Yemen
Crude oil prices edged higher as Houthis vowed to retaliate after the U.S. and...
Oil Prices Soar after Iran Seizes Oil Tanker, US-UK Strikes Houthi Targets in Yemen
Oil prices settled higher on Thursday as a tanker with Iraqi crude was seized...
US and 43 Countries Issue Warning for Retaliation of Houthi’s Attacks in Red Sea
The United States of America, together with 43 countries, published a joint statement regarding...