UN maritime body holds emergency talks on Mideast shipping
LONDON, United Kingdom (AFP) — The International Maritime Organization (IMO) will begin an “extraordinary session” on Wednesday to discuss shipping amid the…
· 2 MIN READ
Daily TribuneTopic
LONDON, United Kingdom (AFP) — The International Maritime Organization (IMO) will begin an “extraordinary session” on Wednesday to discuss shipping amid the…
· 2 MIN READ
The war has upended the initial projections of a global surplus, prompting huge investments in related storage facilities.
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WASHINGTON (AFP) — President Donald Trump on Monday demanded US allies help secure the Strait of Hormuz, but European powers resisted a military mission to…
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The higher your income, the more exposed you actually are. You just do not feel it the same way.
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The Covid-19 pandemic was supposed to have made us want to change our ways, but this war shows we haven’t, not really.
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The saddest part is that nations bearing the most economic pain — from the Philippines to South Korea, India to the European Union — had no seat at the table…
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Trump threatened to delay a planned summit with Chinese leader Xi Jinping later this month if Beijing does not assist with reopening the strait.
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BANGKOK, Thailand (AFP) — Twenty Thai crew members of a cargo ship attacked in the crucial Strait of Hormuz arrived in Thailand on Monday, with three of their…
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Despite this, Laurel said retail prices of P60 to P65 per kilo seen in some markets is ‘bordering on profiteering.
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MANAMA, Bahrain (AFP) — United States President Donald Trump called for other nations’ warships to help protect world oil supplies passing through the Strait…
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China calls for restraint even as it continues to purchase Iranian crude.
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Each jeepney driver, for instance, assuming that they operate 300 days a year, shells out P135,000 in fuel taxes.
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Trump said the US Navy would start escorting tankers through the Strait of Hormuz ‘very soon’ to restore oil exports.
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Exporters are urging the government to reduce the value-added tax on fuel and electricity as rising global oil prices linked to tensions in the Middle East…
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Keeping too much cash in the bank as savings can also be counterproductive in an inflationary environment.
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MUMBAI, India (AFP) — Nepal has started selling half-filled cooking gas cylinders to curb hoarding and panic buying, officials said Friday, following import…
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Iran leader Ayatollah Mojtaba Khamenei said the Strait of Hormuz must remain effectively shut.
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WASHINGTON, United States (AFP) — Moscow said on Friday that the global energy market “cannot remain stable” without its oil, piling pressure on Washington to…
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