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The strike marks a serious escalation of attacks by Houthi militants given they have, so far, primarily targeted container vessels moving through the Red Sea
Since the assault by Iran-backed Houthis began in December, 39% fewer ships are moving through the Suez Canal, leading to a 45% decline in freight tonnage
Pyongyang is also allegedly using the advanced tech to strategise for future wars and to protect its nuclear programme
China, India and Southeast Asia are still seeing growing demand for electricity, and some of the factors driving that increasing demand include modern technology and cryptocurrency mining
But currently about 76% of the global hydrogen supply comes from natural gas and 23% comes from coal
The comic, published by the country's intelligence agency, is a new effort by the authoritarian Xi Jinping-government to 'inspire people' to join anti-espionage efforts
Russia shipped a record 107 million metric tons of crude oil to China last year, equivalent to 2.14 million barrels per day (bpd), data from Chinese customs showed
The popularity of BYD's EVs has encouraged its sole Thai distributor to dramatically expand its business. Rever Automotive said it will triple its dealerships in Thailand over the next years
China will get a 'Silk Road' gateway to South America and its resources via a $3.5 billion deep-water port at Chancay in Peru, due to open late this year
Oil tankers diverted from the Red Sea on Friday after Houthi militants in Yemen said they would keep targeting vessels in the region in response to US and allies' attacks on their military bases
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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