Shell suspends Red Sea shipments – WSJ

Transit via the key trade route has reportedly been halted indefinitely over fears of new Houthi attacks British oil giant Shell has paused transit through the key Red Sea shipping route indefinitely over fears of attacks following the recent US and UK airstrikes on Yemen’s Houthi rebels, the Wall Street Journal reported on Tuesday.

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Russian billionaire sues Israeli bank for freezing donation

Roman Abramovich is litigating against the lender for blocking $2.2 million from being sent to a volunteer organization Russian billionaire Roman Abramovich has demanded that the Israeli bank Mizrahi Tefahot unblock his account and allow him to make a NIS 8 million (approximately $2.2 million) donation to ZAKA, a Jerusalem-based non-governmental organization (NGO).

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SPIEF 2024: Rosneft chief reveals cost EU paid for rejecting Russian gas

Members of the bloc have shelled out $630 billion to replace Moscow’s resources, Igor Sechin has said EU nations spent more than $630 billion on non-Russian gas imports in the three years through 2023, the head of Russian oil major Rosneft, Igor Sechin, told an energy panel at the St. Petersburg International Economic Forum (SPIEF)…

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