"In its latest monthly oil market report, the IEA highlighted risks that trade and tariff uncertainty pose to oil demand. The agency expects global oil demand to grow by a bit over 1m b/d in 2025. The ...
Lieutenant General Osama Rabie, Chairman of the SCA, stated that the tanker's return to the Suez Canal sends a message of reassurance about the safety of navigation in the Red Sea and Bab el ...
Data from international maritime institutions reinforces the importance of the Suez Canal for European oil imports. According to an analysis by Kpler, half of the European Union’s fuel shipments in ...
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Suez Canal traffic falls 66% after attacks on Red Sea shippingShipping traffic through the vital Suez Canal artery in Egypt ... tankers has been a factor behind rising oil prices. Brent crude, which had been trading around the $80 a barrel mark at the ...
Located between Europe and Asia, Iraq holds a strategic position, and in the Middle Ages, it was a key trading hub along ... Recently, the Suez Canal has had its fair share of challenges and ...
The Suez Canal Authority (SCA) has successfully towed a Greek-flagged tanker carrying over 150,000 tons of crude oil after a Houthi attack in the Red Sea damaged it, SCA said in a statement on Monday.
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