Washington's Sanctions Trap Iran's Oil Tankers
Millions of barrels of Iranian crude oil are stranded at sea due to US sanctions. Buyers remain wary, creating a costly holding pattern for Tehran's fleet.
Millions of barrels of Iranian crude oil are stranded at sea due to US sanctions. Buyers remain wary, creating a costly holding pattern for Tehran's fleet.
Switzerland's inflation slowed to 0.5% in June, but real-world transport costs remain high.
Mungo Homes acquired McGuinn Homes, intensifying the homebuilding 'scale race'.
Gold prices plunged 14% this quarter amid oil supply shocks. A US waiver for Iranian crude exports highlights geopolitical control over energy flows.
Rebecca Babin predicts crude oil will settle between $75 and $80 a barrel by year-end.
Beijing's latest Five-Year Plan prioritizes domestic energy resources, aiming for 85% self-sufficiency by 2030.
Diplomatic talks in Doha fail to address the physical reality of blocked shipping.
JPMorgan Chase struggles to offload a $775 million loan for a Permian oil driller.
War risk insurance premiums for vessels operating in the Strait of Hormuz have tripled.
The US relies heavily on Canada for crude oil imports and Mexico depends on American natural gas.