The ships are made of gold with the rise of the freight and they fire 75% the average profit per boat
Oil transport companies double their value in stock exchange, and an ETF specialized in crude freight overruns 4,750% in 2026
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Oil transport companies double their value in stock exchange, and an ETF specialized in crude freight overruns 4,750% in 2026
The East-West tube, attacked by pro-Iranian militia drones and key to alleviating the global supply crisis, had been closed for more than two weeks.
The maritime traffic that serves to circulate much of the planet's energy resources is blocked by the war in Iran and the Hutian attacks
At the close of the Strait of Ormuz and the turbulence in Bab el Mandeb, there is a persistent drought in the Panama Canal and doubts about Malaca
Foreign Minister Abbas Araqchi conditions the unlocking of the maritime route to return Washington to the June memorandum commitments
Ormuz, Bab el Mandeb and the closure of the Saudi pipeline, with the damage to Russian refineries as a colophone, cause the biggest price explosion since 2022
Strangling the strait, where one fifth of the world's oil and natural gas flows, triggers 500% of local demand for synthetic materials made from fossil fuels in Egypt