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The shadowy world of abandoned oil tankers
Posted onThese ships, typically oil tankers such as the one Ivan is stuck on, are more often ageing vessels of obscure ownership, unseaworthy, likely uninsured, and operationally hazardous. And they typically sail under flags of convenience or FOCs – the ships are registered in countries with very limited regulatory oversight.
Federal court blocks Trump from sacking Lisa Cook
Posted onUS President Donald Trump cannot oust Federal Reserve governor Lisa Cook from her role, a federal appeals court has ruled. The 2-1 ruling on Monday is a blow to Trump as it means Cook can now stay in place for the Fed’s policy meeting on Tuesday and Wednesday, where it is expected to cut US…
US eases Russia oil sanctions as Iran war pushes up energy prices
Posted on“We’re seeing it in terms of technology, we see it in terms of the approach, we see it in terms of these kinds of tactics, and we see it in terms of the way these two states try to support each other and try to benefit together,” she said during a visit to Saudi Arabia.
Iran warns it will hit US bases across region hours after presidents apology
Posted onIran’s military warned that it would continue to target US forces across the Middle East, hours after the Islamic republic’s president said Tehran would halt attacks on Gulf states, which are home to American bases. In a recorded video aired on state television on Saturday, President Masoud Pezeshkian apologised for the assaults on Iran’s Arab…
