India unveils sovereign-backed maritime insurance pool
India on May 12 launched the Bharat Maritime Insurance Pool, a $1.5 billion domestic marine insurance mechanism backed by a sovereign guarantee of $1.4 billion,...
Tag : Middle East tensions
Nikkei falls as caution returns to Tokyo stocks
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices...
U.S. crude jumps 3% on Libya halt, tensions
Oil prices experienced a notable increase on Monday, with U.S. crude rising 3% due to a halt in production from Libya and heightened tensions in...
Rising geopolitical tensions could push oil prices to $90 a barrel
Oil prices are predicted to rise to $90 per barrel as escalating tensions in the Middle East threaten supply chains, according to market analysts. Brent...