This is the “biggest security breach” that the Lebanese militant group has faced since the Israel-Hamas war began. Ticking Time Bombs More than a dozen people were killed and around 2,800 others, including many Hezbollah […]
Satellite images confirm the burning Sounion’s new location, 81 km offshore Eritrea in the Red Sea following a delicate towing operation over the weekend. The Delta Tankers vessel remains on fire, according to images sent […]
Salvagers successfully towed a Greek-flagged oil tanker that had been ablaze for weeks following attacks by Yemen’s Houthi rebels to a secure area, preventing any oil spill, the European Union naval mission said yesterday. The […]
Weekly Daily Standup Top Stories Oil Majors and Traders Vye for Shell’s South African Assets September 8, 2024 Stu Turley Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders […]
It’s only going to get worse from here, as the Biden-Harris administration’s disastrous open border policies have now come to a ‘neighborhood near you’ (for some of you). In the past week, we saw armed Venezuelan prison gang Tren de […]
The on-fire Sounion suezmax is expected to be towed from its location off Yemen today. Two tugs, Hercules and Gladiator, have been primed to carry out the delicate operation. The tanker was hit by multiple […]
Weekly Daily Standup Top Stories Is China’s Demand for Oil Nearing Its Peak? August 25, 2024 Stu Turley China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about […]
Iran’s mission to the United Nations said yesterday that the Houthis in Yemen will allow salvage teams to head to the badly damaged Sounion suezmax tanker in the Red Sea and let it be towed. […]
The Sounion suezmax, the ship that risks becoming the worst tanker spill this century, remains on fire and may be leaking oil, according to the US Department of Defense. The ship was attacked multiple times […]
Oil prices are rising rapidly on Monday morning as global supply is threatened by geopolitical uncertainty. Israel and Hezbollah traded strikes on Sunday in the biggest military exchange between the two since 2006. Meanwhile, Russia […]
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