Oil prices surged over 6% on Thursday as escalating tensions between the United States and Iran …
Tag:
Strait of Hormuz
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The current global energy crisis is more severe than the oil shocks of 1973 and 1979 …
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The economic impact of the Middle East conflict could exceed $50 billion as Gulf countries face …
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Two Indian liquefied petroleum gas carriers are en route to India after transiting the Strait of …
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US President Donald Trump said Sunday that Iran is sending the United States 20 oil tankers …
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The recent rally in oil prices driven by tensions in the Strait of Hormuz is improving …
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Just seven commercial vessels transited the Strait of Hormuz on March 25 and 26, as ship …
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ECONOMY
Japan to temporarily expand coal-fired power use over fuel supply concerns amid Iran war: Report
ISTANBUL Japan has decided to temporarily expand coal-fired power generation for one year to address concerns …
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ISTANBUL Brent crude oil futures rose more than 5.2% to exceed $107 per barrel on Thursday, …
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ISTANBUL Chinese shipping giant Cosco, one of the world’s largest oil tanker operators, has resumed accepting …