A route via the Suez Canal and the Cape of Good Hope, which would become necessary if the Bab el-Mandeb Strait is closed, would take around 100 days round trip, Asahi reported
TOKYO, September 13. /TASS/. Voyage times for deliveries of Saudi oil to Asia would increase 2.5-fold to around 100 days round trip if the Bab el-Mandeb Strait is closed, according to data from the Japanese Shipowners' Association cited by the Asahi newspaper. A voyage through th…
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US Central Command stated on Sunday that it assisted Gulf nations in exporting 1.5 billion barrels of oil through the Strait of Hormuz since summer. The command reported that this activity bypassed an Iranian blockade.
Russian President Vladimir Putin stated that Russian liquefied natural gas accounts for 20% of the European market. He further asserted that Russia has never refused to supply energy resources to Europe.
An oil slick from a tanker in the Hormuz Strait has been filmed washing up on the UAE shoreline. Authorities in Umm Al Quwain have closed beaches in response to the incident.
A Qatari minister of state for trade stated that peace and security are essential for prosperity in trade and investment.