Volvo Car hold output as Red Sea shipping crisis deepens

In a sudden turn of events, Volvo Car, owned by Geely, has announced the suspension of…

Iranian Navy Seizes American Oil Tanker in Gulf of Oman

In a surprising move, the Iranian Navy has taken control of an American oil tanker in…

BP Halts Red Sea Oil Shipments Amid Houthi Attacks

In a significant move, oil giant BP has opted to halt all shipments through the Red…