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HomeRed Sea

Red Sea

Crude Oil News

Daily Energy Standup Episode #275 – Wind Farm Challenges, Oil Price Forecasts, and Global Tensions Unveiled

December 21, 2023 Andy Del Prado

Daily Standup Top Stories Another Offshore Wind Farm Hits the Dust December 20, 2023 Stu Turley Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its […]

Diesel
Downstream

Red Sea Tensions Threaten to Disrupt Diesel Market Stability

December 20, 2023 Mariel Alumit

Increased distillate production and slowing economic activities have led to rising diesel stocks and falling prices. Weak manufacturing activity in the U.S. and Europe contributes to reduced diesel demand, easing the market. Geopolitical tensions near […]

Red Sea
Geopolitical

U.S. launches Red Sea force as ships reroute to avoid attacks

December 20, 2023 Stu Turley

US News MANAMA/DUBAI – The United States on Tuesday launched a multinational operation to safeguard commerce in the Red Sea as attacks by Iran-backed Yemeni militants forced major shipping companies to reroute, fueling concern over […]

Red Sea
Geopolitical

US announces 10-nation force to counter Houthi attacks in Red Sea

December 19, 2023 Stu Turley

The United States has announced the launch of a multinational force to protect trade in the Red Sea after attacks by Yemen’s Houthi rebels forced at least a dozen shipping lines to suspend operations. US […]

Crude Oil News

Daily Energy Standup Episode #273 – Duke’s Rate Hike, BlackRock Lawsuit, and Global Supply Chain Concerns

December 18, 2023 Andy Del Prado

Daily Standup Top Stories Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon Mandates December 18, 2023 Mariel Alumit Duke Energy has thrown consumers under the proverbial (electric) bus to make their […]

Ship navigating the Red Sea passage
Crude Oil News

Houthi Attacks Start Shutting Down Red Sea Merchant Shipping

December 18, 2023 Stu Turley

Attacks linked to war in Gaza are threatening global trade Oil and gas prices jump as big companies avoid Red Sea Shipping in the Red Sea is grinding to a halt with oil tankers idling and […]

Yemen’s Houthis
Geopolitical

Yemen’s Houthis warn they will target all Israel-bound ships in Red Sea

December 9, 2023 Stu Turley

News|Israel-Palestine conflict Yemen’s Houthi movement says it will target all ships heading to Israel, regardless of their nationality, and warned all international shipping companies against dealing with Israeli ports. “If Gaza does not receive the […]

Houthis
Aljazeera International

What’s the impact of the Houthis hijacking a ship in the Red Sea?

November 21, 2023 Mariel Alumit

A partly Israeli-owned cargo vessel has been hijacked by Yemen’s Houthi rebels in the Red Sea. The Iran-backed Houthis say the move was a response to Israel’s assault on Gaza. list of 3 items list […]

China's
Crude Oil News

Syria: Oil Tankers From Iran To Syria Intercepted

January 18, 2021 Stu Turley

Tankers carrying oil from Iran to Syria have been intercepted in the Red Sea and delayed shipments of oil to Syria, the Prime Minister of Syria, Hussein Arnous, was quoted as saying. According to the […]

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