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$Crude Oil Futures(JUN4)(CLmain.US$
Tensions in the Red Sea
The tensions in the Red Sea seem to be escalating. We are seeing constant news stories about freighters being attacked by huthi militia groups and explosions at Red Sea ports. The Iranian military is even stepping up their military presence in the Red Sea. Iranians are sympathetic to the huthi forces, so this will only exacerbate the problem.
How long will the conflict last?
I have seen...
Tensions in the Red Sea
The tensions in the Red Sea seem to be escalating. We are seeing constant news stories about freighters being attacked by huthi militia groups and explosions at Red Sea ports. The Iranian military is even stepping up their military presence in the Red Sea. Iranians are sympathetic to the huthi forces, so this will only exacerbate the problem.
How long will the conflict last?
I have seen...
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OCEAN88888888
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On December 17, two major shipping corporations -- Liberian Shipping Corporation MSC and Denmark’s AP Moller-Maersk -- announced their decision to pause movements through the Suez Canal route after the recent attacks on ships by Yemen-based Houthi rebels, backed by Iran, passing through the area.
Suez Canal authorities have said that they are monitoring the situation. Since November, around 55 ships have been rerouted from the Cape of Good Hope instead of th...
Suez Canal authorities have said that they are monitoring the situation. Since November, around 55 ships have been rerouted from the Cape of Good Hope instead of th...
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