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Risk of Charter Disputes Rises as Strait of Hormuz Disruption Drags On
Lawyers warn of caution before turning to arbitrators or courts, but some fights have already started
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Global Fuels Crisis Worsens As Strait Of Hormuz Disruption Persists
Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. — Reuters Emergency measures fail to cover 20m barrels per day supply loss. Supply shortages may hit Europe in April, Asia already hit, warn officials. Airlines and fertiliser producers brace for rising costs. HOUSTON: The global energy crisis is intensifying as disruptions to oil flows through the…
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