Tag: sea
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Oil prices fall to one-week low after US pauses attacks on Iran
NEW YORK/LONDON , July 27 : Oil prices fell to a one-week low on Monday after the United States abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.Brent cru
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Ukraine dismisses Iranian threats as Caspian Sea strike directly links wars
Iran has reacted with fury to the assault on the vessel, with Tehran’s foreign minister saying it “cannot go unanswered”.
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Vietnamese vessel sinks in South China Sea, 17 missing
A Vietnamese-registered cargo ship carrying 62 crew members sank near Yongshu Reef in the South China Sea, one of the world’s most important and contested maritime spaces.
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Middle East: No fresh US strikes on Iran for a second day
Two days have passed without any strikes by the US and Iran. Fighting between Yemen’s Houthis and Saudi Arabia has added another layer to the complex Middle East crisis. DW has the latest.
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Vietnamese vessel sinks in South China Sea, 23 missing
A Vietnamese-registered cargo ship carrying 62 crew members sank near Yongshu Reef in the South China Sea, one of the world’s most important and contested maritime spaces.
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US, Japan join Philippines in South China Sea drills
The five-day drills brought together warships, coast guard vessels and surveillance and fighter aircraft in operations aimed at improving interoperability among the allies, according to the Philippine military.
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Iran war: Houthis vow response to Saudi strikes on Hodeida
Iran-backed Houthi rebels in Yemen claim that civilian sites were targeted in Saudi strikes on the Yemeni port city of Hodeida. Saudi Arabia says it hit military targets. DW has more.
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Oil prices head for weekly rise on Middle East escalation
LONDON, July 24 : Oil futures prices retreated on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran. Brent futures fell $1.82, or 1.81 per cent, to $98.87 a barrel at 0747 GMT,…
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Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cuts
BEIJING, July 24 : Oil headed for weekly gains on Friday, as Houthi attacks on tankers in the Red Sea sparked worries about the closure of a second shipping chokepoint, while Kazakhstan temporarily cut output after its main export route was forced to shut.Brent futures eased 72 cents, or 0.72 per cent, to $99
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Oil prices jump as Hormuz, Red Sea crises deepen
Renewed strikes on shipping in the Gulf and the Red Sea have dealt a fresh double blow to global oil markets. As prices climb once again, DW examines what else could keep them elevated.
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