Yemen's Houthis attacked al-Dhabba oil terminal in Hadhramaut province on Monday, the group and Yemen's internationally recognized government said.The Iran-aligned Houthis fired a projectile from a drone that landed at the entrance of the terminal, which is located in the town of al-Shihr, two workers at the terminal told Reuters.
As 2022 moves into its final months, low water levels and drought form the basis of the news impacting inland waterways operators and barge companies. In the first week of October, numerous barges were reported grounded in the Mississippi River, particularly south of Baton Rouge. This has consequences: barge rates jumped 218% in St. Louis, compared to 2021.
Iran's Revolutionary Guards said on Friday they had seized a vessel in Gulf waters loaded with 250,000 liters of smuggled fuel, the Iranian state news agency IRNA reported.Iran, which has some of the world’s cheapest fuel prices due to heavy state subsidies and the fall of its currency, has been fighting rampant fuel smuggling by land to neighboring states and by sea to Gulf Arab states.
Numerous barges have run aground on the lower Mississippi River, and grain barge shipping rates are soaring to historic highs this week, as drought has dropped inland waterways to levels not seen in decades.And with little rain in the forecast, the low water levels are hampering already sluggish grain exports at the U.S. Gulf Coast, where some 60% of U.S.