The Volgoneft-239 ran aground on Dec. 15 during severe storms in the Kerch Strait. Emergency crews work around the clock to ...
Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.
Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...
New sources can exert a downward force on oil prices, even in times of heavy demand. Extraction costs are typically higher for new resources, meaning these oils are only competitive in lower-supply, ...