Approximately 10% of global refining capacity is currently offline due to a combination of geopolitical tensions…
Tag: geopolitical
Nomura Warns India Oil Imports Vulnerable Amid Tensions
Nomura has warned that over 50% of India's oil imports are vulnerable due to rising geopolitical…
Senators Propose Sanctions Bill Targeting Russia’s Economy
U.S. senators unveiled a bipartisan sanctions bill on Tuesday aimed at pressuring Russia amid its ongoing…
Trump Abandons 20% Hormuz Fee Amid Escalating Iran Conflict
U.S. President Donald Trump has reversed his plan to impose a 20 percent fee on cargo…
US Strikes Iran as Tensions Escalate in Strait of Hormuz
The United States conducted airstrikes on Iranian targets on Tuesday, escalating tensions in the region as…
Norwegian Tanker Hit by Projectile Amid US-Iran Tensions
A Norwegian chemical tanker was struck by an unidentified projectile off the coast of Oman on…
US Investigates Iranian Drones in Cuba Amid Rising Tensions
The United States is investigating reports that Iran may be storing drones and missiles in Cuba,…
France Celebrates Bastille Day with Ukraine at Center Stage
On Wednesday, France held its annual Bastille Day celebrations in Paris, featuring a significant display of…
US Resumes Strikes on Iran, Imposes Naval Blockade Again
The United States has resumed military strikes on Iran, marking the third consecutive night of attacks,…
Russian Missiles Strike Kyiv, Causing Fires but No
Russian forces launched missile strikes on Kyiv early on Tuesday, causing fires in multiple districts of…