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Saudi Arabia's national shipping company, Bahri, has confirmed that the oil tanker "Amzan" is involved in the Red Sea incident. They are maintaining contact with the vessel and continuing to monitor the situation.

2026-08-24

Saudi Arabia's national shipping company, Bahri, has confirmed that the oil tanker "Amzan" is involved in the Red Sea incident. They are maintaining contact with the vessel and continuing to monitor the situation.

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2026-08-25

Counterpoint Research forecasts global flat-panel display (FPD) shipments will fall 4.7% YoY in 2026. A sharp rise in memory prices, driven by strong AI data-center demand, is being passed through to device prices and is suppressing demand in key FPD

Counterpoint Research forecasts global flat-panel display (FPD) shipments will fall 4.7% YoY in 2026. A sharp rise in memory prices, driven by strong AI data-center demand, is being passed through to device prices and is suppressing demand in key FPD applications, notably smartphones and tablets. Phone panel shipments are projected to decline 9.5% YoY in 2026. Research director Brien said high memory costs are forcing OEMs to raise end-product prices, denting demand in mid-to-low-end smartphone and PC segments as brands can no longer maintain aggressive pricing; consumers are delaying purchases or shifting to the secondary market. In IT, robust H1 shipments mean 2026’s decline will be smaller, but the downtrend is expected to continue into 2027.
2026-08-24

Libya's National Oil Corporation signed a production-sharing agreement with Chevron as part of a bidding round, the statement said.

Libya's National Oil Corporation signed a production-sharing agreement with Chevron as part of a bidding round, the statement said.
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