Hormuz closure threatens summer fuel scarcity
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Daily TribuneTopic
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 2 min read
The United States has warned commercial vessels transiting the Strait of Hormuz to remain on high alert as Washington prepares for what it described as major…
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LOS ANGELES (AFP) — Victor Wembanyama scored 28 points as the San Antonio Spurs forced a decisive Game Seven in their thrilling National Basketball Association…
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Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
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The Department of Migrant Workers on Tuesday said it is closely monitoring vessels transiting the Strait of Hormuz amid ongoing tensions…
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LOS ANGELES (AFP) — The San Antonio Spurs could be without guards De’Aaron Fox and Dylan Harper for Game 3 of the National Basketball Association (NBA) Western…
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Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
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LOS ANGELES (AFP) — Shai Gilgeous-Alexander pulled the Oklahoma City Thunder level with San Antonio on Wednesday, as the defending National Basketball…
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SEOUL, South Korea (AFP) — A South Korean oil tanker is currently passing through the Strait of Hormuz, the country’s top diplomat said on Wednesday, marking…
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Taipei (AFP) — Taiwan’s opposition lawmakers made a failed bid on Tuesday to impeach President Lai Ching-te, after the number of votes in favor of the motion…
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LOS ANGELES (AFP) — Victor Wembanyama outdueled Shai Gilgeous-Alexander to lead the San Antonio Spurs to an epic 122-115 double-overtime triumph over the…
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LOS ANGELES (AFP) — Oklahoma City Thunder star Shai Gilgeous-Alexander was named the NBA’s Most Valuable Player (MVP) for a second straight season on Sunday,…
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LOS ANGELES (AFP) — The San Antonio Spurs booked their ticket to the National Basketball Association Western Conference Finals with an emphatic 139-109 win…
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ABOARD AIR FORCE ONE/DUBAI, May 16 (Reuters) - U.S. President Donald Trump said Chinese President Xi Jinping had agreed Tehran must reopen the Strait of…
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Never in the history of mankind has there been a need on a planet level to alleviate poverty, share with our neighbors, fend off anarchy, and develop…
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PARIS, France (AFP) — Countries are tapping into oil inventories and strategic reserves at a “record pace” due to the “unprecedented” supply disruptions caused…
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Iran has largely blocked shipping through the Strait of Hormuz.
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The US has also accused Iran of laying mines in the Strait of Hormuz.
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