A planned Tube strike by London Underground workers has been called off just hours before it was set to begin. Members of the Rail, Maritime and Transport Union (RMT) had
Minister Claims Train Driver Payout is a ‘Good Deal for Taxpayers’
A Treasury minister has described a new pay offer for train drivers as a “good deal for the taxpayer,” asserting it will prevent further strikes despite opposition concerns about potential
Oil on Track for Biggest Weekly Increase in Three Months
Oil is poised for its most significant weekly rise since October, fueled by the ongoing Red Sea crisis and China’s economic stimulus measures, potentially boosting demand.
Traffic in the Suez Canal plummets following Houthi assaults.
Tanker traffic in the Suez Canal has dropped to levels not seen since the Covid pandemic, as Houthi attacks disrupt oil and petrol deliveries.
Oil consumption is expected to halve this year, dealing a significant setback to both Putin & Saudi Arabia.
An official report indicates that this year will see a halving in oil demand, impacting both Vladimir Putin’s war-driven economy and Saudi Arabia, the world’s top oil producer.
Oil Tankers Reroute Away from Red Sea Following Strikes in Yemen by US and UK
A growing number of tanker operators are avoiding the Red Sea, with several tankers altering their routes on Friday, as indicated by shipping data.
Maersk, predicts prolonged disruption in Red Sea trade, potentially lasting several months.
Vincent Clerc, CEO of Maersk, the shipping industry leader, has issued a warning about potential long-term disruptions for ships navigating the Red Sea. This situation, sparked by a series of
Oil extended its biggest weekly advance in two months
Oil prices continued their most significant weekly increase in two months, driven higher by new attacks in the Red Sea that led numerous ships to choose longer, safer routes.
RMT Members Cast Overwhelming Votes in favour of Accepting a Deal
RMT members have overwhelmingly voted in favour of a deal to resolve their extended conflict regarding wages and working conditions, as announced by the union.
Railway ticket counters remain open as regulatory body dismisses proposed closure plans.
The government has instructed train operators to retract their plans for a widespread shutdown of ticket offices at stations across England, announced Transport Secretary Mark Harper, following the transportation watchdog’s
London Tube strikes called off at eleventh hour
The planned two-day strike across the London Underground has been cancelled at the last minute after unions secured certain concessions.
Braemar’s decline continues amid potential share suspension.
Braemar PLC (LSE: BMS, OTC: BSEAF), a maritime broker, witnessed a nearly 20% slump in its share price during early Monday trading, following potential delays to its annual results that