Tag: red sea attacks
Oil settles at 2-month high on US macro data; Brent, WTI score biggest weekly gain since Israel-Hamas war
Brent crude futures rose $1.12, or 1.4 per cent, to settle at $83.55 a barrel, their highest close since November 30. US West Texas Intermediate [Read more about this post…]
Global trade is being disrupted by Red Sea attacks, Ukraine war and low water in Panama Canal: UN by StuffsEarth
The UN is concerned that several geopolitical factors could disrupt international trade. File | Photo Credit: StuffsEarth The U.N. trade body sounded an alarm on [Read more about this post…]
Oil hits 2024 high-mark as tankers avoid Red Sea after air strikes; Brent settles at $78/bbl
Brent crude futures settled 88 cents, or 1.1 per cent, higher at $78.29 a barrel. The session high was up over $3 to more than [Read more about this post…]
EAM Jaishankar, Blinken discuss Red Sea attacks, Gaza, Ukraine by StuffsEarth
U.S. Secretary of State Antony Blinken and External Affairs Minister S. Jaishankar. File photo for representational. | Photo Credit: ANI The United States has welcomed [Read more about this post…]
Oil prices up $2 on supply disruption fears after latest Red Sea attack; Brent over $77/bbl
Oil prices rose in the first session of the new year, boosted by potential disruption to Middle Eastern supply after the latest attack on a [Read more about this post…]
Oil reports biggest annual drop since 2020, declines 10% in 2023 on demand-supply concerns; Brent sits at $77/bbl
Crude futures lost over 10 per cent in 2023 in a volatile year of trading and reported their biggest annual drop since 2020, marked by [Read more about this post…]
Oil edges lower after hitting 1-month high as investors monitor Red Sea developments; Brent at $80/bbl
Oil prices slipped on Wednesday, December 27, paring the previous day’s gains as investors monitored developments in the Red Sea, where shippers are returning despite [Read more about this post…]
Panama Canal becomes gridlocked as ships avoid Suez Canal over attack fears | World | News
As global shipping lines grapple with increased instability and security threats in key maritime regions, fears are rising once again for world trade. Recent attacks [Read more about this post…]
