Suez Canal
31 Mar 2021
Oil prices fell slightly yesterday, as shipping traffic resumed through the Suez Canal after days on hold and attention now switched to an OPEC+ meeting tomorrow where the extension of supply curbs may be on the table amid new coronavirus pandemic lockdowns.
30 Mar 2021
Egyptian President Abdel Fattah al-Sisi promised Tuesday that his country would buy equipment to avoid any repetition of the past week's closure of the Suez Canal as he visited Ismailia, en route to the vital trade artery.
29 Mar 2021
The MV Ever Given was refloated and the Suez Canal reopened on Monday, sparking relief almost a week after the huge container ship got stuck during a sandstorm and blocked a major artery for global trade.
28 Mar 2021
Russia's ambassador to Egypt on Sunday offered the country "any possible assistance", as efforts continue to free a megaship that has been blocking the Suez Canal for nearly a week.
28 Mar 2021
Hope rose Sunday salvage efforts would free a mammoth container ship blocking the Suez Canal for six days, crippling international trade and causing losses worth millions of dollars.