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Global Gateways: Page 5
India Refiner Seeks Oil That Avoids Red Sea, Hormuz Chokepoints
State-run refiners are increasingly replacing Middle Eastern barrels with supplies from Russia and the Atlantic Basin.
U.S., Iran Extend Pause in Strikes as Oman Holds Hormuz Talks
The lull came as a weekend meeting between Iranian and Omani officials indicated a fresh attempt to resolve the crucial issue of shipping around Hormuz.
Gordie Howe Bridge Opening Ceremony Goes Ahead, Without U.S. Guests
Many Canadians remain perplexed and angered by the deterioration in what was previously one of the most reliable trading alliances in the world, worth more than $900 billion in 2024.
Russia: Black Sea Waters Not Safe for Ships
At least 124 Russia-linked vessels were targeted in the Black Sea and the Sea of Azov, from July 8-20, according to statements from Ukraine’s General Staff.
Houthis Attack Saudi Tanker in Red Sea
Saudi state media said the tanker
Encelia
was hit in the Red Sea, resulting in a fire on board.
U.S. Disinvited from Gordie Howe Bridge Opening Celebration
The
fracas over the bridge
has become a glaring symbol souring relations between the U.S. and its second largest trading partner during the second Trump administration.
DP World to Build Two UAE Container Terminals Outside of Hormuz
The new terminals will be linked to Jebel Ali, and integrated with a nearby east coast zone called Jafza through an inland logistics network.
Oil Tankers Turn Back in Red Sea After Houthi Attack Threat
The ships could make the voyage to China via the Suez Canal, but that would increase the voyage from about 7,000 miles to more than 17,000 miles.
10 Killed in Russian Missile Attack Against Cargo Vessel in Black Sea
The vessel was said to have been using a maritime export corridor to move cargo down the Romanian and Bulgarian coastlines to Turkey.
Houthis Launch Naval Blockade Against Saudi Arabia
The Houthi blockade will reportedly target the Bab el-Mandeb strait, which serves as the route for roughly 5% of global gas and oil supplies.
The U.S. Blockade Is Forcing Iran’s Energy Tankers to Zig-Zag and U-Turn
The U.S. restored a blockade against Iranian shipping on July 14, a step that all but halted Tehran’s crude exports when it was imposed previously.
Kenya Court Backs Import Levy to Fund China-Backed Rail Project
Kenya has been banking on the levy to restart work on the China-built and funded project that runs from Mombasa, but stalled in a scrubland west of Nairobi.
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