Oil rises on supply concerns as Iran conflict widens
Oil prices rose on Thursday, extending a rally as the escalating US-Israeli war with Iran disrupted supplies and shipping, prompting…
FEATURE | UK’s weak showing in Iran conflict deepens doubts about military effectiveness
Britain’s cautious response to the escalating conflict in the Middle East and its hesitancy in defending its allies from attack…
FEATURE | Lukoil fire sale marks failure of Russia’s $800b bet to go global
In 2014, following Russia’s invasion of Crimea, the billionaire founder of Lukoil took a fateful bet that cut against the…
FEATURE | Gulf food strategy tested as Iran war snarls shipping routes
Wealthy Persian Gulf states are facing their biggest food security challenge since the 2008 global food crisis, as the Iran…
India seeks US marine cover for Middle East energy cargoes
India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East,…
Lloyd’s market engaging with US government over gulf maritime plan
The Lloyd’s of London market is engaging with the US Government’s International Development Finance Corporation over a plan to provide…
Norden offloads product tankers in lucrative deal as appetite stays strong for modern ships
Danish owner continues to be active in sale-and-purchase market
EPCs bank on growing demand for fossil fuels, tech projects
Engineering, procurement and construction companies, key shippers of project cargo, are expecting an uptick in business in 2026.