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Published 16 days ago

Iran Claims to Have Expanded Its Axis of Resistance

Summary by Oil Price

Politics, Geopolitics & Conflict Danish shipping giant Maersk has raised the lower end of its full-year guidance thanks to Houthi attacks that have disrupted Red Sea shipping. Maersk is now expecting Q1 profits of $208 million on $12.4 billion in revenue. That compares to last year’s $2.3 billion in profit on $14.2 billion in revenue. And in the meantime, Iran is claiming that a new front has been established in the Axis of Resistance, with a mi…

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Iran Claims to Have Expanded Its Axis of Resistance

Politics, Geopolitics & Conflict Danish shipping giant Maersk has raised the lower end of its full-year guidance thanks to Houthi attacks that have disrupted Red Sea shipping. Maersk is now expecting Q1 profits of $208 million on $12.4 billion in revenue. That compares to last year’s $2.3 billion in profit on $14.2 billion in revenue. And in the meantime, Iran is claiming that a new front has been established in the Axis of Resistance, with a mi…

16 days ago·London, United Kingdom

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