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Top News In Bahri Oil Today - Breaking & Trending Today
Spot liquidity in the once crucial crude oil shipping corridor for VLCCs from the Middle East to the US Gulf Coast has fallen by almost 70% over the past five years as the US flips from being a major crude importer to exporter. Prior to 2017, the route averaged slightly over 20 fixtures/month, but this . ....
Dubai Saudi forces have intercepted and destroyed a bomb-laden unmanned surface vehicle (USV) off the Red Sea port of Yanbu, according to a statement issued by the kingdom s ministry of defense, the latest incident amid escalating tensions in the region. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Investigations by competent authorities to obtain more details about this hostile act and determine the party responsible are ongoing, the statement, published by the Saudi Press Agency, said. The Ministry of Defense undertakes and implements all rigorous procedures to tackle hostile acts targeting National Assets and Economic Installations. ....