LONDON — Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard after a wave of attacks in the region, security companies involved said. Relations between Iran and the West are increasingly …
The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region in just over a month underscored escalating tensions in the oil-exporting region. A so-called “additional …
Union officials say tougher inspection and maintenance standards for railroad tracks could help prevent dangerous derailments of trains carrying crude oil. While lawmakers and regulators focus on the strength of oil tank cars and volatility of crude oil, officials of …