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S. Korea allows sailing through Red Sea as alternative route amidst Strait of Hormuz disruptions
South Korea has decided to allow crude oil tankers to sail via the Red Sea as an alternative route, amid disruptions to oil transport through the Strait of Hormuz caused by the ongoing conflict in West Asia.Korean Minister of Trade, Industry and Energy, Lim Jung-kwan, said on Monday that the ministry will support private-sector efforts to secure additional crude oil supplies by permitting tankers that meet certain requirements to transit the Red Sea, in cooperation with the Ministry of Oceans and Fisheries.In turn, Korea’s Oceans Minister, Hwang Jung-woo, said the industry ministry has shared information on crude oil tankers with confirmed shipping contracts as of April 3, adding that his ministry has completed notifying relevant shipping companies of the approval to sail via the Red Sea route.The Red Sea route is considered a detour via the Saudi port of Yanbu, which receives crude oil from eastern oil fields through a 1,200-kilometer pipeline.Hwang noted that an average of 39 vessels per day are currently using the Bab Al-Mandab Strait to exit the Red Sea.South Korea had previously recommended against using the route on March 1, immediately after the outbreak of the conflict in West Asia, but has decided to allow navigation as the crisis is expected to be prolonged. Source link
Sri Lanka on Monday raised prices of liquefied petroleum gas (LPG) by nearly a quarter, blaming higher global prices triggered by the Iran war.As well as gas, Sri Lanka also imports all of its oil and buys coal for electricity generation.Colombo has warned that a prolonged war in the Middle East could seriously undermine efforts to emerge from its economic meltdown of 2022.The increase in cooking gas prices on Monday is on top of an eight percent hike last month.A private company, which accounts for about a quarter of the domestic LPG market, raised its retail price by 23 percent to 5,700 rupees ($18.08), up from 4,630 rupees ($14.69).The state-owned Litro Gas, the main supplier of LPG used in cooking stoves, increased the price of a 12.5-kilogramme refill to 4,765 rupees ($15.62), up from 3,990 rupees — an increase of 19.42 percent.”We have supplies for the entire month of April,” a Litro spokesman said, adding that higher global LPG prices and shipping costs had forced the latest revision.Last month, Sri Lanka raised both fuel and electricity prices by more than a third as US-Israeli strikes against Iran and retaliatory attacks drove up global energy prices.The Strait of Hormuz, a key waterway through which about 20 percent of global crude oil and gas exports pass in peacetime, has been effectively closed since the start of the conflict. Source link
Injaaz Stud’s Rayyan Bu Thaila secured an impressive victory in the Al Uqda Local Thoroughbred Trophy Open Race as jockey Pierre-Charles Boudot completed his treble at Al Rayyan Racecourse Saturday.The five-year-old chestnut gelding, trained by Jihad El Ahmad, was settled off the early pace before launching a strong run to reel in the long-time leader and strike the front inside the final furlong, drawing clear to score by 1½ lengths. Al Nasr Al Washeek set the pace from the outset and dictated throughout the early and middle stages, tracked by Barq Al Atam, War Boy, Saida and Al Faisal, with the field well strung out behind the long-time leader. Settling off the tempo, Rayyan Bu Thaila travelled comfortably in behind, conserving energy as the race developed. Approaching the final furlong, he was produced with a strong run, closing rapidly on the leader and the chasing pack. Once in front, he asserted and pulled clear in the closing stages. Al Faisal, representing Al Emadi Racing and prepared by Khalifa Hamed Nasser al-Sawai, finished second with Alberto Sanna doing the steering, just a head ahead of Saida, who stayed on for Time Form Syndicate, from the Hamad al-Jehani yard and with Saleh Faraj al-Otaibi aboard to take third. Earlier in the day, Boudot had claimed wins aboard Toyota (Local Thoroughbred Handicap 0-70) and Reverberate (Thoroughbred Handicap 0-95).The 57th Al Uqda Race Meeting at Al Rayyan featured a total of eight races on the card. The Local Thoroughbred Maiden Plate saw Salman Fahad al-Hajri steer Sharifa KA to victory, while Extension Of Kings won the Thoroughbred Rated Maiden Plate under Faleh Bughenaim.Other winners included Waajidd (Thoroughbred Handicap 65-85), Mai Dubai (Thoroughbred Handicap 65-85), and Naseeb Zakhir (Local Purebred Arabian Handicap 75-95). RESULTS57th Al Uqda Race Meeting In Al Rayyan – Al Uqda Local Thoroughbred TrophyWINNERS: (Horse, Trainer, Jockey)1 – Al Uqda Local Thoroughbred Trophy, Open RaceRayyan Bu Thaila, Jihad El Ahmad, Pierre Charles Boudot2 – Local Thoroughbred Maiden PlateSharifa KA, Maayouf bin Hashim al-Shamari, Salman Fahad al-Hajri3 – Thoroughbred Rated Maiden PlateExtension Of Kings, Bader al-Balushi, Faleh Bughenaim4 – Thoroughbred Handicap (65-85)Waajidd, Zuhair Mohsen, Soufiane Saadi5 – Thoroughbred Handicap (65-85)Mai Dubai, Nayef Batal al-Otibi, Alberto Sanna6 – Local Thoroughbred Handicap (0-70)Toyota, Saeed al-Shafi, Pierre Charles Boudot7 – Thoroughbred Handicap (0-95)Reverberate, Hamad al-Jehani, Pierre Charles Boudot8 – Local Purebred Arabian Handicap (75-95)Naseeb Zakhir, Eng. Osama Omer al-Dafea, Faleh Bughenaim Source link
A woman looks at signs displayed on empty fuel dispensers at a Shell petrol station that ran out…
English golfer Calum Fitzgerald claimed the Qatar Open Golf Championship title after a commanding final round, finishing the tournament with a total of 225 strokes, nine over par at Doha Golf Club Saturday.The victory also secures him a coveted place in the next edition of prestigious Qatar Masters. Fitzgerald, who also won the 2024 edition of the tournament, expressed his delight at returning to the top.“I thank my father, who acted as my coach and was a great help throughout the tournament. The atmosphere was fantastic, and the course is one of the best in the world. I’m delighted to be back and to win the title two years after my 2024 victory,” he said.“I’m looking forward to returning again, this time at the Qatar Masters, where I will strive to reach the later stages of the tournament,” he said. Qatar Golf Association (QGA) President Hamad Abdullah al-Mana crowned the winners while QGA General Secretary Fahad Nasser al-Nuaimi, and Board Member Mohammed Faisal al-Naimi were also present. QGA Technical Expert Mike Shoueiry and Member of QGA’s Organising Committee Walid Saad hosted the presentation ceremony.Qatari golfer Saleh al-Kaabi, the defending champion, finished second with a total of 12 over par after a strong performance throughout the competition. His compatriot, rising star Daniel Sokolov, claimed third place, just one stroke behind. Other notable finishers included Dean Morris of the United Kingdom in fourth with the same score, England’s Andrew Saunders in fifth at 14 over par, and Australia’s Cam Craner in sixth with 24 over par.Scotland’s Gary Bowman was seventh, Sweden’s Claes Beberg ninth, and Bolivian Pablo Hevia completed the top ten in tenth place at 30 over par.Secretary General of the Qatar Golf Association Fahad al-Nuaimi praised the success of the 40th edition of the tournament.“I would like to thank the Qatar Olympic Committee for allowing us to host this prestigious tournament, which is very dear to the Qatar Golf Association. This is especially significant as this is the 40th edition of the championship, which has been running for over 40 years since its inception in 1983 on the sand courses in Mesaieed,” he said.Al-Nuaimi highlighted the participation of international players and noted Fitzgerald’s repeat victory.“The English player succeeded in winning the title, repeating his achievement from two years ago in the 2024 edition, when he also won the title at the Doha Golf Club,” he added while praising the Qatari contingent.“The second-place finish of Qatari national team players Saleh al-Kaabi and Daniel Sokolov demonstrates the excellent level they displayed in this year’s edition alongside their fellow Qatari participants,” al-Nuaimi said. Related Story Source link
Turkiye’s President Recep Tayyip Erdogan (right) and Ukraine’s President Volodymyr Zelensky attending a bilateral meeting on security at…
