Oil Tankers
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Economy
Saudi Arabia Confirms Red Sea Tanker Attack
DID Press: Saudi Arabia has confirmed that one of its oil tankers came under attack in the Red Sea, after Yemen’s Ansarallah (Houthis) claimed responsibility for strikes targeting two Saudi vessels amid escalating regional tensions. In a statement issued early…
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Economy
Strait of Hormuz Closure Leaves Stranded Ships Facing Technical Damage
DID Press: A lesser-known consequence of the closure of the Strait of Hormuz is the growing technical damage affecting vessels stranded for weeks in the warm waters of the Persian Gulf. According to a report by Financial Times, prolonged inactivity…
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