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Almost Everything is About Oil in the Middle East
Almost Everything is About Oil in the Middle East Perhaps the most extraordinary part of Iran’s April 13 attack on Israel was that it was countered by a coalition that included Jordan, Saudi Arabia and the United Arab Emirates (UAE). It is also noteworthy that this was the first time that the United States engaged militarily in […]
Shipping Industry Pleads With UN For “Enhanced Military Presence” As Maritime Choke-Point Chaos Spreads
Shipping Industry Pleads With UN For “Enhanced Military Presence” As Maritime Choke-Point Chaos Spreads Exactly one week ago, Iranian commandos seized a container ship affiliated with Israel as it passed through the Strait of Hormuz. This action sparked new fears of another maritime chokepoint becoming disrupted as the crisis in the Middle East escalated. It also prompted […]
No One Has Really Grokked How Big The Suez/Houthi Gambit Is
No One Has Really Grokked How Big The Suez/Houthi Gambit Is We’ve had a lot of foreshadowing of the Suez Canal being a major hotspot for conflict over the past couple of years. Think back to the Evergreen beaching itself in the canal in 2021. Everyone is just now waking up to the idea that global shipping […]
Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint
Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint An anti-ship cruise missile fired by Yemen’s Houthi rebels struck a Norwegian-flagged tanker in the Red Sea near a key maritime chokepoint known as the Bab el-Mandeb Strait, where nearly 10% of all crude traded at sea passes through. Reuters quoted Houthi military […]
Rabobank: As With Evergiven, Evergrande Is Just The Symtpom Of Far Larger Problems
Rabobank: As With Evergiven, Evergrande Is Just The Symtpom Of Far Larger Problems It’s Ever Something On 23 March, the giant cargo vessel Evergiven got stuck in the Suez Canal and blocked it for six days. Obviously, this dominated global headlines. Even Joe Shmoe could see global supply chains were not operating efficiently because of […]
Where’s Dirk Gently When You Need Him?
Where’s Dirk Gently When You Need Him? Did you hear? A supersized cargo ship got wedged in the Suez Canal on March 23rd? If you didn’t, you must do pretty well at avoiding the news, social media, and late night TV. But the short of it is: the Ever Given somehow lost control (sandstorm strength winds have […]
Suez Highlights the Fragility of Globalization
Suez Highlights the Fragility of Globalization Photo: Suez Canal Authority. The global supply chain is an elaborately choreographed ballet, nowhere more than in the flow of containers through which 60% of the world’s seaborne trade travels. Calibrating a stream of over 800 million boxes each year entails sophisticated tracking that makes sure containers reach their destination. The system reaches […]
Blocked Suez Canal Adding to Container Shortages, Supply Chain Snarls, Component Shortages for Manufacturers
Blocked Suez Canal Adding to Container Shortages, Supply Chain Snarls, Component Shortages for Manufacturers Exactly at the worst possible time. Ripple effects to be felt for months. Today is Thursday, and the Suez Canal is still blocked by one of the largest container carriers in the world. The last thing the tangled up and […]
Suez Canal Crisis Morphs Into Global Supply Chain Wrecking Ball
Suez Canal Crisis Morphs Into Global Supply Chain Wrecking Ball The world got another wake-up call this week about the overreliance on complex global supply chains. As of Friday, the massive containership, “Ever Given,” remains stuck in the canal, unable to be refloated, paralyzing the world’s most important shipping lane. Ever Given is one of the world’s […]
Aircraft Carrier Abraham Lincoln Passes Through Suez Canal On Route To Iran As Tensions Soar
Aircraft Carrier Abraham Lincoln Passes Through Suez Canal On Route To Iran As Tensions Soar Tehran tried to call Washington’s bluff on Wednesday when it threatened to start stockpiling enriched uranium and heavy water again – which would constitute a violation of the JCPOA’s terms – unless the treaty’s signatories abide by their commitments to buy oil […]
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal After their leaders pledged to strengthen bilateral trade and military cooperation at a bilateral summit last month, Russia and India announced earlier this week that they had sealed a long-discussed $6 billion arms deal despite threats of economic sanctions from Washington. […]
Top General Issues Urgent Warning Over US-China Collision Course in Africa
Top General Issues Urgent Warning Over US-China Collision Course in Africa (ANTIMEDIA Op-ed) Djibouti — China is the rising world power. This much is clear, but nowhere is that reality felt more than behind closed doors in Washington, D.C. The global hegemony of the United States is being challenged, and the contest is perfectly encapsulated in what’s happening now in the small […]
