BRICS: How the Yuan Displaces the Dollar from the Persian Gulf Countries? January 25, 2024 China’s drive to internationalize the yuan, the international currency swap agreements it has entered into and plans for a digital currency have recently been…
US Oil and Gas Acquisitions to top $250bn by 2023 point to further Industry consolidation January 4, 2024 Big Oil enters 2024 boosted by US industrial consolidation. The oil and gas industry has gone on a $250 billion buying spree in 2023,…
Why is Europe paying dearly for the Houthi attacks? December 28, 2023 Europe “pays” the most for Houthi attacks on the tanker industry, as cargoes of petroleum products, diesel and jet fuel, coming through the Red…
The World Geopolitical Chess Battle between Russia/China vs USA will be decided in Kazakhstan December 21, 2023 The proxy war in Ukraine between Russia and NATO, with geopolitical ramifications around the world, overemphasizes the importance of Central Asia. Recently, the contacts…
AUKUS on one side, China, Iran, Venezuela on the other and Guyana in the middle December 21, 2023 The revival of Venezuela’s border dispute with the Republic of Guyana may provide an opportunity for the AUKUS pact – Australia, United Kingdom, United…
The “Immoral” Venezuela – From Bankruptcy… to the Threat of Conquering a Weak Country December 14, 2023 Shipping is already dealing with the fallout from two wars: trade disruptions due to Russia’s invasion of Ukraine and ship attacks off Yemen in…
The Defense Plans that companies will have to implement in the interest rate increases November 9, 2023 With the… “cloud” of uncertainty over the future of interest rates looming thick, the business world is scrambling to build ramparts in order to…
What does the conflict in the Middle East mean for maritime trade? October 19, 2023 With eyes on the Middle East once again is shipping as another headache comes to add to the already geopolitical uncertainties due to the…
The Total Reset and Outlook for the US Oil Industry October 19, 2023 Crude oil production in the US hit an all-time high on October 12, 2023, with 13.2 million barrels per day marking the complete elimination…