Chevron, one of the world’s largest oil companies, has changed its route for transporting oil from Kazakhstan to Asia, avoiding the Red Sea where Yemen’s Houthi rebels have stepped up …
© 2024 Energy News Africa Plus. All Rights Reserved.
Red Sea
-
-
The Iran-backed rebels have vowed to target American vessels in response to US and British strikes on their sites in Yemen. The Red Sea, a vital shipping route that connects …
-
Geopolitical risks driving up oil prices could potentially position the energy sector for a comeback after lagging behind the rest of the US stock market for months. The S&P 500 …
-
The US and UK have launched air and sea strikes on Houthi targets in Yemen, in response to the rebels’ attacks on commercial vessels in the Red Sea. The strikes, …
-
Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic …
-
The price of oil has risen over 1% in Asian trade on Monday, supported by lower exports from Russia and as attacks by the Houthi rebels on ships in the …