Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through two separate wholly-owned subsidiaries, it has signed two shipbuilding contracts with China Shipbuilding Trading Co. Ltd. (“CSTC”) and...

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Middle Eastern sovereign ratings generally have sufficient headroom to withstand a short regional conflict that does not escalate further, Fitch Ratings says. However, the course of the conflict is uncertain and lasting damage to key energy infrastructure or...

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Let’s look back at February: inflation increased from 1.7% to 1.9%. The negative contribution from energy prices was smaller in February, but most importantly, core inflation jumped from 2.2% to 2.4%. The increase was seen for both services and goods inflation, and...

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Gas prices have spiked and stock markets indexes tumbled after an Iranian official said his country would “set fire” to anyone trying to pass through the key Strait of Hormuz shipping route. As the conflict between Iran and the US and Israel continued, the UK gas...

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Natural gas prices in Europe soared by more than 28% on Tuesday, as the fallout from an Iranian strike on a key facility in Qatar reverberated through investors worried about potential global supply shortages. The Dutch TTF front-month contract had last surged by more...

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