Asia, Europe abandon Suez Canal route as Middle East tensions drive record traffic around Africa.
New data show that tanker traffic around the Cape of Good Hope
Category: Business
First US-Venezuela flight lands in Caracas after seven-year suspension.
The first direct commercial flight between the United States and Venezuela has
Gold rebounds from one-month low, but inflation fears cap gains.
Gold prices rebounded on Thursday from a one-month low hit the day
Brent oil rises 7% on report US considering military options to break Iran deadlock.
Brent oil prices rose as much as 7% on Thursday on a report that the US is
U.S. Doubles Down on Hormuz Blockade to Choke Iran’s Oil Exports.
The U.S. continues to seek to pile pressure on Iran with the
Brent Breaks $113 as Traders Brace for Months of Disruption.
Oil prices continued to climb in early Asian trade on Thursday, with
China’s largest lenders’ first-quarter profit up over 3%, sour loan ratios steady.
Five of China’s largest lenders reported net profit growth over 3 per
Saudi Arabia drives GCC bond market with $32bn in issuances: Markaz .
Saudi Arabia dominated the Gulf Cooperation Council’s fixed-income market in the first
Crude Inventories Continue to Decline Amid Strong Oil Product Draws.
The American Petroleum Institute (API) estimated that crude oil inventories in the
China hands over $56.5 million ECOWAS HQ in Nigeria, expanding influence in West Africa.
The facility, funded by the People’s Republic of China, was delivered in