British oil major Shell suspended all shipments through the Red Sea indefinitely after U.S. and U.K. strikes on Yemen's Houthi rebels triggered fears of further escalation, the Wall Street Journal ...
Supermajors are adopting different tactics to respond the deteriorating security situation in the Middle East with Shell reportedly electing to suspend its vessels’ movements in the Red Sea while ...
This week, oil giant Shell confirmed its tankers are avoiding the Red Sea and Shell's CEO told the Wall Street Journal there would be at least a 5-10% price impact in the short-term. The shipping ...
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