Moody’s warns of oil price volatility amid escalating Red Sea tensions 

by
url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url url

RIYADH: Ongoing tensions in the Red Sea may lead to oil price volatility and elevated shipping costs, as warned by Moody’s Investors Service.  

In its latest commentary, the American credit rating agency highlighted that shipping disruptions are expected to result in increased marine insurance rates. 

Leave a Comment