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Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war: - Global stocks mostly fall, oil mixed - Global stock markets mostly pulled back Tuesday as investors braced for US President Donald Trump's looming deadline for Iran -- to reopen the Strait of Hormuz or face devastating attacks. Oil prices

Strait of Hormuz shipping blockade update

Strait of Hormuz shipping blockade update

Here are the latest key facts about impacts from the blockage of the Strait of Hormuz, a crucial shipping route virtually paralysed by the Middle East war. Around a fifth of global crude oil and liquefied natural gas (LNG) passes through the waterway in peacetime. The war erupted on February

Which countries' ships are hit by Hormuz crisis?

Which countries' ships are hit by Hormuz crisis?

Shipping companies from Greece, the UAE and China are most affected by the closure of the Strait of Hormuz, according to data from Bloomberg and marine traffic organisations. Around 670 commodity vessels sent signals from west of the Strait of Hormuz over the last day, with companies from the nearby

Russian oil tanker docks in Cuba after US blockade relief

Russian oil tanker docks in Cuba after US blockade relief

A Russian oil tanker docked in a Cuban port on Tuesday to deliver the first crude shipment to the crisis-hit island since January after Washington gave a reprieve from its fuel blockade. The Anatoly Kolodkin, a tanker under US sanctions, entered the port of Matanzas, east of Havana, after

How Middle East war is driving up shipping costs

How Middle East war is driving up shipping costs

Iran's closure of the Strait of Hormuz trade route in the Middle East war is driving up the costs of shipping fuel and goods around the world, industry data shows. Prices have risen because of falling capacity, with ships staying put in the Gulf for fear of attack

Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war on Monday: - Pakistani tanker transits Hormuz - A Pakistani oil tanker transited the Strait of Hormuz with its automatic transponder system activated, monitor Marine Traffic said Monday, the first such voyage by a non-Iranian tanker since the start of

Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war on Saturday: - Kharg Island bombed, Iran threatens US-linked oil targets - President Donald Trump said the US heavily bombed military targets on Iran's Kharg Island, which handles almost all of the country's crude exports, and