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Thursday, September 26, 2019

Home » , » Global oil freight rates rocket as U.S. sanctions tanker units of Chinese giant COSCO

Global oil freight rates rocket as U.S. sanctions tanker units of Chinese giant COSCO

By  September 26, 2019  No comments
Key oil freight rates from the Middle East to Asia jumped nearly a fifth on Friday, with the global oil shipping market spooked by fresh United States sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran.


from Reuters: Business News https://ift.tt/2lwcdRQ

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US inflation jumps to highest level in almost two years

A surge in prices at the pump due to the Iran war has pushed the inflation rate to 3.3%. from BBC News https://ift.tt/OJcSCMV