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Saudi Arabia's cabinet: We condemn the attacks by Iranian-backed armed groups on oil facilities and ships in the Red Sea in Yemen and Iraq.

2026-07-29

Saudi Arabia's cabinet: We condemn the attacks by Iranian-backed armed groups on oil facilities and ships in the Red Sea in Yemen and Iraq.

Other News
2026-07-28

WTI crude extended intraday losses to about 4.0%, trading at $77.91/bbl. Brent crude fell roughly 4.5% to $81.50/bbl.

WTI crude extended intraday losses to about 4.0%, trading at $77.91/bbl. Brent crude fell roughly 4.5% to $81.50/bbl.
2026-07-28

The Baltic Dry Index fell 32 pts (1.2%) to 2,664 on Tuesday, its lowest level since July 2, after freight rates slid across all vessel classes. The Baltic Capesize Index dropped 60 pts (1.4%) to 4,140, its weakest since July 22; Capesize average dail

The Baltic Dry Index fell 32 pts (1.2%) to 2,664 on Tuesday, its lowest level since July 2, after freight rates slid across all vessel classes. The Baltic Capesize Index dropped 60 pts (1.4%) to 4,140, its weakest since July 22; Capesize average daily earnings fell $539 to $34,048. The Panamax index fell 11 pts (0.6%) to 1,988, the lowest since late April; Panamax daily earnings declined $94 to $17,896. The Supramax index slipped 22 pts (1.3%) to 1,648, the lowest since June 12.
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