A month after U.S. and Israeli strikes on Iran, global markets for the supply of crude oil, refined products and liquefied ...
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Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East
The cost of hauling crude oil from the Middle East to China has skyrocketed as the conflict between the U.S. and Iran disrupts shipping through key routes in the region. Leading maritime insurers have ...
It won't be long before the ongoing closure of the Strait of Hormuz begins to make itself felt across various aspects of banks' balance sheets. If it's protracted, a new oil shock will force a major ...
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