Israel-Iran conflict sends Middle East oil shipping costs higher
Monday, 16 June 2025 () Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering tankers to transport oil from the Middle East to Asia have risen, leading to a slowdown in ship bookings, according to a Reuters report. Tensions in the Middle East escalated last week after Israel carried […]
In a bold and shocking escalation, Israel has launched Operation Rising Lion, a massive overnight airstrike campaign targeting Iran’s nuclear and military infrastructure. Among the top casualties is Hossein Salami, the chief of Iran’s powerful Islamic Revolutionary Guard Corps (IRGC), who had...
Sir Keir Starmer says that he has been “absolutely clear” that “de-escalation is what is needed” as the conflict in the Middle East intensifies. The Prime Minister also stood by Trump’s early..
John Healey says it is a “dangerous moment for the entire region” as tensions escalate in the Middle East with Iran and Israel exchanging strikes. Speaking at RUSI, the defence secretary says the..
A stunning view of Tel Aviv as Israel confirms targeting Iran's nuclear facilities, missile factories, and commanders. This marks the beginning of a declared long-term operation to halt..
Monday, 16 June 2025 ()
Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering tankers to transport oil from the Middle East to Asia have risen, leading to a slowdown in ship bookings, according to a Reuters report. Tensions in the Middle East escalated last week after Israel carried […]
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