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03.09.26 - 06:24
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Mitsui OSK CEO on Mideast Impact, Shipping Outlook (Bloomberg)
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Jotaro Tamura, President and CEO at Mitsui OSK Lines, discusses the latest business impact of the Middle East conflict and the outlook for the shipping industry. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)...
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03.09.26 - 05:21
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Xi In Rare Egypt Visit Blasts ′External Interference′ In Mideast, As Iran War Drags On (ZeroHedge)
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Xi In Rare Egypt Visit Blasts 'External Interference' In Mideast, As Iran War Drags On
Chinese President Xi Jinping in a rare trip to the Cairo told his Egyptian counterpart on Wednesday that "external interference" in the Middle East should be opposed, Chinese state media reported.
Talks in the Egyptian capital between Xi and Egyptian President Abdel Fattah El-Sisi were a first in a decade. Interestingly, Xi at one point pledged Beijing was willing to help protect maritime shipping - though it's anything but clear what specifics would look like, or what bodies of water he had in mind.
via Reuters
"China stands ready to work with countries in the region to safeguard the security of international shipping lanes, advance development cooperation… and eliminate the breeding grounds for conflict," Xi said as quoted in Xinhua.
Ironically the 'offer' comes months after President Trump urged international powers to do just that, but which was met by resounding silence, even ...
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02.09.26 - 08:12
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European Gas Rises Again on Mideast Supply Risks (Bloomberg)
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European natural gas prices rose for a third day as renewed fighting between the US and Iran raised concerns about a prolonged disruption to energy flows via the Strait of Hormuz. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)...
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