Russia Turns Up The Heat On Ukraine's Odesa As Port Strikes Intensify

Tanker Rates Nearly Halve As Hormuz Shipping Normalizes The recent spike in the cost to hire a supertanker carrying 2 million barrels of crude from Saudi Arabia to China is now being sharply reversed, as more shippers send vessels through the Strait of Hormuz and normalization trends continue to improve. Bloomberg reports that tanker rates for the Saudi Arabia-to-China route tumbled to about $287K on Friday, down 44% from more than $514K on Tuesday. That data came from the Baltic Exchange. Rates remain elevated and still highly profitable for owners, but...

While the Israel-Lebanon ceasefire is holding across most of the country, the far south area of Lebanon occupied by Israel continues to see some limited fighting, and a massive amount of destruction as the systematic destruction of towns and villages by Israeli forces continues. Israel would just as soon the population of displaced civilians who […]

Mali Govt Says Al-Qaeda Extremists In Region Receive Training, Drones From Ukraine Via The Cradle The Malian government announced on Thursday that militant groups with links to Al-Qaeda carrying out terror attacks in the country were trained and armed by Ukrainian specialists. Fousseynou Ouattara, Vice President of the Defense Commission of Mali's Transitional Council, said authorities identified militants who received training in Ukraine to carry out operations using kamikaze drones produced by Kiev. "These young people are known, we have now added them to our lists, and we have their names," Ouattara said. Illustrative file...