New worry for oil market: Tankers carrying Saudi crude for India, China make a U-turn in Red Sea on Houthi threats

The Houthis control northern Yemen, including the coastline along the Bab el-Mandeb Strait at the southern entrance to the Red Sea. (Satellite image of Bab el-Mandeb by Reuters) Red Sea oil supply disruptions have begun! Three tankers carrying Saudi Arabia crude oil that were bound for China and India reversed course in the Red Sea…

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Larry Ellison, Ken Griffin, Dace Brown Stubbs and other billionaires are buying neighboring houses using ‘methods’ called ‘Landmaxxing’, ‘Defensive buying’ and …

Larry Ellison and several other billionaires may be increasingly buying neighbouring homes and land to create larger private compounds. A report claims that the Oracle founder, hedge fund billionaire Ken Griffin, Jack Daniel’s heiress Dace Brown Stubbs and several other wealthy buyers are doing this. According to Coldwell Banker’s midyear luxury market report, the trend…

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Crude continues rally: Brent tops $92, WTI above $85 as Strait of Hormuz tensions threaten global supplies

Crude oil prices extended their rally on Wednesday, with Brent crude holding above the $90-a-barrel mark as escalating tensions in the Middle East kept investors focused on the risk of further disruptions to global energy supplies.Brent crude was trading at $92.40 a barrel, up 1.53% or $1.39, while US West Texas Intermediate (WTI) crude gained…

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India hosts maiden Op Southern Readiness in Kochi, 26 nations join maritime exercise | India News

The exercise brought together 254 participants from 26 countries NEW DELHI: A four-day multinational maritime security training engagement, Operation Southern Readiness 26-2, commenced at the Southern Naval Command in Kochi on Monday. Hosted by the Indian Navy’s Southern Naval Command, the engagement is being conducted under the aegis of the Navy-led Combined Task Force 154…

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CJP’s ‘Sansad Chalo’: 2 protestors injured; 21-year-old on ventilator, another had pellet in eye | India News

NEW DELHI: Two protesters injured on Monday remained hospitalised on Tuesday, with the rest being discharged. While a 21-year-old woman on ventilator support at RML Hospital is showing signs of improvement, doctors said she continues to be in critical condition, and it is too early to make any prognosis.Another protester, Sheikh Irshad, underwent surgery at…

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