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Middle East

US-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Strait of Hormuz

US-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Strait of Hormuz

CMA CGM Hikes India–ECSA Rates, Adds Beira Port Congestion Surcharge

CMA CGM Raises FAK Rates, Introduces Peak Season Surcharge on Middle East and Red Sea Trades

Drone Attack Halts Salalah Port Operations as Houthis Enter West Asia War

Hapag-Lloyd revises India Gulf Service 1 rotation

Panama Canal Curbs Booking Slots as El Nino Threat Adds to Global Trade Strain

Panama Canal Curbs Booking Slots as El Nino Threat Adds to Global Trade Strain

Houthis Declare Naval Blockade on Saudi Arabia, Threatening Red Sea Shipping and Global Oil Trade

Houthis Declare Naval Blockade on Saudi Arabia, Threatening Red Sea Shipping and Global Oil Trade

Middle East Strengthens Position in India’s Crude Mix

Middle East Strengthens Position in India’s Crude Mix

February 23, 2026

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