Crude Oil News
Energy Under Siege
A wild day on the Energy News Beat Stand Up. – We even play a short from Former Prime Minister Lizz Truss as I just finished recording her podcasts with Rey Trevinio on a […]
Red Sea
Crude Oil News
Saudi Arabia’s Pipeline Investment Pays Off
In the midst of escalating geopolitical tensions in the Middle East, Saudi Arabia’s long-term investments in pipeline infrastructure are proving to be a critical lifeline for global energy markets. With the Strait of Hormuz effectively […]
International News
Red Sea traffic falls as Houthis vow to continue attacks
The Philippine Department of Migrant Workers (DMW) confirmed on Thursday that three more Filipino seafarers from the attacked and sunken vessel Eternity C have been rescued in the Red Sea, bringing the total number of […]
Geopolitical
One in six ships flagged as potential Houthi targets
The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their most violent maritime campaign since early 2024, killing at least three seafarers, […]
International News
Red Sea shipping crisis deteriorates rapidly as attacks intensify
The security situation in the Red Sea has taken a sharp turn for the worse over the past 48 hours, with back-to-back attacks on merchant vessels and Israeli airstrikes targeting multiple Yemeni ports. Yesterday, the […]
Crude Oil News
Red Sea Shipping Rebounds: Oil and LNG Flows Rise Amid Houthi Ceasefire
The Red Sea, a critical artery for global energy trade, is witnessing a resurgence in oil and liquefied natural gas (LNG) shipping following a slowdown in Houthi attacks. Since November 2023, Yemen’s Iran-backed Houthi rebels […]
Cyber Terrorism
MSC ship aground off Jeddah, likely victim of GPS spoofing
Three days on from grounding off Jeddah, Saudi Arabia, the 7,000 teu MSC Antonia remains stuck in the Red Sea, with vessel tracking showing the ship was likely the victim of GPS jamming. Analysis from […]
Geopolitical
Trump declares end to Red Sea shipping crisis
Donald Trump, the American president, has claimed that after more than 17 months, the Red Sea shipping crisis is coming to a close. Speaking at the White House yesterday, Trump said Yemen’s Houthis have agreed […]
Geopolitical
More tankers and dry bulk carriers turn away from the Red Sea
While there have been no attacks by the Houthis from Yemen on merchant shipping this year, shipowners are still giving the Red Sea a wide berth to the consternation of the Suez Canal Authority. Indeed, […]
Geopolitical
Houthis warn attacks on merchant ships could resume tomorrow
The Houthis in Yemen issued an ultimatum to Israel on Friday, repeating it yesterday. Unless Israel resumes shipments of humanitarian aid into Gaza by Tuesday, the Houthis will resume attacks on ships. “If the Israeli […]