Oil prices rise after ships attacked near Strait of Hormuz
Experts have warned that a prolonged conflict could push global energy prices even higher.
Experts have warned that a prolonged conflict could push global energy prices even higher.
Spanish police on Thursday said they had busted a network that saw smugglers swim on the high seas to help stash Colombian cocaine on Europe-bound container ships and hijack vessels. The bust was revealed just three days after Spain announced its largest-ever seizure of cocaine at sea. The network employed a so-called “monkey” technique, which…
Ángel BermúdezBBC News Mundo Reuters The US seized an oil tanker off the coast of Venezuela on 10 December In a further escalation of tension between the United States and Venezuela, President Donald Trump has ordered a naval blockade to stop sanctioned oil tankers from entering and leaving the South American country. Venezuela – which…
The United States deployed two warships Wednesday to a shoal in disputed waters in South China Sea, where two Chinese ships collided earlier in the week while chasing a smaller Philippine ship. The high-seas accident raised concerns about maritime safety and questions about the extent to which the U.S. should involve itself in longstanding tensions between…
A truck passes by shipping containers at the Port of Los Angeles. Mark Ralston | Afp | Getty Images A new wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases. President Trump imposed…