IMO chief urges safe departure of trapped ships
Nearly 6,000 seafarers remain stranded onboard vessels stranded in the Persian Gulf.
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Daily TribuneTopic
Nearly 6,000 seafarers remain stranded onboard vessels stranded in the Persian Gulf.
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US President Donald Trump on Wednesday said the ceasefire with Iran was “over” after fighting flared between the two countries sparked by Iranian attacks on…
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‘The industry is starting to stabilize, and I think it’s now just a matter of adjustment until we get back to pre-war price levels, but it won’t happen in a…
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The Department of Energy (DOE) said the worst of the recent oil price spike is likely over as global oil markets begin to stabilize, although motorists may…
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'These new arrangements will be concerning guaranteeing the security of passage.'
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Former Bangko Sentral ng Pilipinas Governor and Finance Secretary Benjamin Diokno said President Ferdinand Marcos Jr. bears part of the responsibility for the…
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Colombo (AFP) -- Sri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices in…
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Even with the pick up in maritime traffic through the strait it would take time for energy markets to recover.
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Petrochemical companies mainly in South Korea and Japan have scaled back production capacity, sending the cost of basic goods such as plastic bags surging.
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Some 10,000 liters of UCO can fuel around 166 jeepneys.
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Iran's Revolutionary Guards said on Sunday they were taking measures to control traffic in the vital Strait of Hormuz.
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Replacement-cost pricing lets companies re-price against a hypothetical future invoice. The rocket’s engine would have a zero inventory lag on the way up.
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Iran’s Revolutionary Guards announced on Saturday that they had attacked American positions in the Gulf after US strikes on Iran.
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Maharlika’s fuel tank farm buys the country time while energy transition — the one that would materially reduce the country’s 97-percent crude import…
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The Singapore-registered container ship EVER LOVELY sustained minor damage to the bridge area from an unknown projectile.
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Motorists could see another week of mixed pump price adjustments as easing global oil prices compete with lingering geopolitical risks that continue to cloud…
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MOSCOW, Russia (AFP) — Standing at a Moscow petrol station, taxi driver Safarali Nazarov said he was so frustrated at being forced to queue for fuel he was…
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TEHRAN (AFP) — Iran’s Revolutionary Guards on Thursday warned against any crossings of the Strait of Hormuz without authorization, saying vessels not complying…
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