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News
Talks to between Iran and Gulf states to discuss Strait of Hormuz postponed
5+ hour, 32+ min ago (80+ words) Iranian officials say a meeting with Gulf states to discuss the Strait of Hormuz has been postponed, dealing a blow to efforts to reopen the strait. Talks to between Iran and Gulf states to discuss Strait of Hormuz postponed Iranian…...
Germany fights Gaza genocide claims at the top UN court
1+ week, 32+ min ago (728+ words) The Central American country accuses Berlin of violating the Genocide Convention and international humanitarian law by “facilitating” acts of genocide in Gaza by providing arms and other military support to Israel. While the case centers on Germany, it indirectly takes…...
Shipping And Logistics In The Era Of Global Conflict: What To Expect
3+ day, 5+ hour ago (602+ words) Sedat Saka, energetic leader and President of MTS Logistics, a NYC-based, top U.S. logistics company. Shipping and logistics have faced a tumultuous decade. A decade after the Hanjin Shipping bankruptcy led to industry upheaval, global events like the Covid-19 pandemic have…...
Saudi ‘Hormuz bypass’ disabled as Houthis seize key Red Sea islands
2+ hour ago (638+ words) Satellite images show a badly burned pumping station on Saudi Arabia’s East-West pipeline, which had been moving about 4 million barrels a day around Hormuz; industry sources warn export stocks could run short within days...
European shares muted as tech slides, oil surge weighs
6+ hour, 45+ min ago (204+ words) Sept 14 (Reuters) – European shares were subdued on Monday as technology stocks fell after executives at leading AI companies called for a slower pace of development, while another surge in oil prices dampened broader risk appetite. The pan-European STOXX 600 was little…...
(2nd LD) Seoul stocks dip over 3 pct on Mideast uncertainties, AI warnings
6+ hour, 44+ min ago (416+ words) (ATTN: ADDS bond yields in bottom) SEOUL, Sept. 14 (Yonhap) -- Seoul stocks tumbled by more than 3 percent Monday as investors sold off tech-heavyweights on persisting geopolitical uncertainties and warnings from U.S. tech executives that the pace of artificial intelligence (AI) development may…...
Saudi-Houthis clash: Traders expect Riyadh to run out of oil stocks soon if work on east-west pipeline doesn't resume | Today News
6+ hour, 14+ min ago (493+ words) As tensions escalate in the Middle East, with the wider region being plunged into a renewed confrontation, Saudi oil buyers and traders expect Riyadh to run out of oil stocks for exports if the country does not resume operations on…...
Protests break out across Syria over fuel price increases
1+ hour, 49+ min ago (223+ words) Protests have erupted across several cities in Syria after the government increased fuel prices, with demonstrators blocking a main highway for several hours. The government raised prices on Sunday by up to 40 percent on diesel and 28 percent on petrol, in…...
Energy Tensions Escalate as Diplomacy Falters in Middle East | Science-Environment
6+ hour, 46+ min ago (257+ words) Energy Tensions Escalate as Diplomacy Falters in Middle East Devdiscourse Energy Tensions Escalate as Diplomacy Falters in Middle East Oil prices surged after the postponement of a key diplomatic meeting and attacks around vital Middle Eastern oil routes heightened tension…...
Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows
6+ hour, 33+ min ago (1064+ words) © chitsanupong / Adobe Stock Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher. The world’s largest crude oil exporter said…...