A team of international experts has completed a mission to transfer more than one million barrels of oil from an abandoned tanker off Yemen’s Red Sea coast. WSJ’s Sune Rasmussen explains what ...
Technicians of the Yemeni Oil and Minerals Ministry have managed to control the leakage of oil in the off-shore oil exporting terminal at the al-Sanef port, Hodiedah province, a press report said ...
A "floating time bomb" oil tanker left adrift in the Red Sea has successfully been drained of its cargo, the UN says. The vessel was abandoned off Yemen in 2015 after war broke out with more than ...
American and British airstrikes have targeted Yemen's main oil-export terminal, the television station linked to the country's Houthi group has said. Al-Masira television had reported on Saturday ...
The FSO Safer has been abandoned since 2015 and is carrying 1.1m barrels of oil The UN has purchased a huge ship that it hopes will prevent an environmental catastrophe off the coast of Yemen.
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Oil prices were climbing on Friday after a U.S.-led coalition launched strikes on Houthi rebel targets in Yemen. While the strikes are intended to reduce the threat to international shipping ...
The country suffers from a catastrophic humanitarian crisis resulting from war, conflict and low oil prices. Oil is the main source of the government budget, accounting for more than 60 % of fiscal ...