Shipping giants halt travel amid attacks

At least eight ships have been assaulted in recent weeks in the key waterway linking the Indian Ocean and the Red Sea Two global shipping majors, Denmark’s Maersk and Germany’s Hapag-Lloyd, halted their vessels’ passage through the Red Sea on Friday, citing security risks.

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Russia ramps up oil supplies to China

Exports of light sweet crude have surged with increased deliveries by rail, data shows Russian oil companies have boosted exports of ESPO (Eastern Siberia-Pacific Ocean) grade crude to China through the port of Kozmino, with deliveries hitting a record high this month, Kommersant reported this week citing tracking data.

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IDF killed Israeli hostages in Gaza

The Israel Defense Forces (IDF) has said it accidentally killed three Israeli nationals taken hostage by Hamas, explaining that the “tragic” error occurred in a Gaza neighborhood where troops had come under heavy fire.

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