Shell Suspends Shipments Through the Red Sea Indefinitely
Summary: According to The Wall Street Journal, the British oil company Shell has indefinitely suspended all shipments through the Red Sea. This decision was made to protect crew members from potential danger and to prevent the risk of an oil spill in the region. Bloomberg has reported that European oil prices have risen in response to the escalating tensions in the Red Sea.
⚡️Wall Street Journal:
The British company Shell stops all shipments through the Red Sea indefinitely.
Shell’s decision comes in anticipation of exposing ship crews to danger and to avoid an oil spill in the region.
Bloomberg says that European oil prices jump due to the… pic.twitter.com/Y7U3i5pFJg
— Megatron (@Megatron_ron) January 16, 2024
User Responses:
- Megatron: “Shell stops all shipments through the Red Sea, causing European oil prices to rise.”
- ADAM: “Western countries think they can do anything, but they are mistaken.”
- Volkan Albistan: “Shell’s decision has harmed the economy in the Red Sea and increased oil and gas prices.”
- Sheraz Qabir: “The world supports Palestine and condemns Israel’s acts of terror.”
- ADAM: “The US and UK are the most toxic countries in the world, turning the Red Sea into a war zone.”
- Annah769: “Doctors performed surgery without anesthesia on a child attacked by Israel in Gaza.”
- Sam: “Europe can buy oil from the US if needed.”
These responses reflect a mix of opinions and concerns regarding Shell’s decision to suspend shipments through the Red Sea and its broader geopolitical implications. The situation highlights the interconnectedness of global politics, economics, and energy security, as well as the diverse perspectives on these issues.