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Gulf Oil Producers Have Already Lost $15 Billion Since the Start of the War
Oil producers in the Arab Gulf have already lost at least $15.1 billion in oil and gas revenues since the start of the Middle East war, per estimates by commodities analytics firm Kpler cited by the Financial Times. The de facto closure of the Strait of Hormuz has choked off since March 1, millions of
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Sri Lanka Considers Russian Fuel Acquisition Following U.S. Sanction Lift
FINANCIAL CHRONICLE – Sri Lanka has started talks on possibilities of buying Russian oil after the United States eased the sanctions on fuel purchase from Moscow, the island nation’s Foreign Minister’s office said. The U.S. issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products stranded at sea, in a bid
- Tankers Burn as Gulf Shipping Crisis Deepens in Strait of Hormuz
The escalating conflict in the Middle East has taken a… Read more: Tankers Burn as Gulf Shipping Crisis Deepens in Strait of Hormuz - Tourism in the Crosswinds of War
Sri Lanka’s tourism industry, which only recently began to recover… Read more: Tourism in the Crosswinds of War - Stranded in Paradise
MIDDLE EAST AIR CHAOS LEAVES THOUSANDS OF TOURISTS UNABLE TO… Read more: Stranded in Paradise
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