A tanker fire near Sochi exposes the mounting economic risks around Black Sea shipping, Russian oil exports and shadow-fleet logistics.
Russia’s ship registry grew 36% as sanctions pressure pushed shadow-fleet vessels toward Russian registration, CREA says.
Russia is expected at G20 energy talks in Houston as wars, sanctions and Red Sea security risks complicate the economics of energy abundance.
The Houthi capture of Mocha strengthens their position near Bab el-Mandeb, raising risks for oil flows and global energy prices.
NATO confirms readiness to respond to Iranian threats targeting European military bases, highlighting rising geopolitical tensions with regional economic implications.
Turkey has reopened its straits to commercial ships after a temporary halt linked to security concerns amid escalating Russian-Ukrainian maritime conflicts.
The US is pursuing the revival of an Iraq-Syria oil pipeline to bypass the Strait of Hormuz, aiming to reduce Iran's influence and enhance global energy security amid regional tensions.
Italy's Foreign Minister cancels U.S. visit after Trump's disparaging remarks about PM Meloni, highlighting strains in transatlantic relations with economic and geopolitical implications.
Ukraine apologized to Greece over a maritime drone incident near Lefkada, highlighting expanded security risks and economic implications in the Mediterranean amid Russia’s ongoing aggression.