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Cars plunge into river as bridge collapses in China

3 days ago DieselGasoil Comments Off on Cars plunge into river as bridge collapses in China
Two people are missing after a road bridge plunged into a river and sent two vehicles into the water in southern China. Heyuan city police said the 120-metre (390-foot) section collapsed early on Friday morning. China’s Xinhua News Agency said two nearby security guards rescued a 44-year-old man but two other people are still missing. Read More

‘Iran written all over it’: Trump accuses Tehran of carrying out tanker attacks

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US President Donald Trump has accused Iran of being behind the recent attacks on oil tankers in the Gulf of Oman, claiming that the evidence points squarely towards Tehran. Speaking about the attacks with Fox News on Friday morning, Trump said the evidence gathered by the US about them has “essentially got Iran written all Read More

China flood death toll hits 61, 350,000 evacuated: ministry

4 days ago DieselGasoil Comments Off on China flood death toll hits 61, 350,000 evacuated: ministry
SHANGHAI (Reuters) – As many as 61 people have been killed and 356,000 evacuated from their homes as heavy rain and floods swept through large parts of southern and central China this week, Chinese rescue authorities said. In a notice published late on Thursday, China’s Ministry of Emergency Management said 9,300 homes have collapsed and Read More

US officials quick to blame Iran… again

4 days ago DieselGasoil Comments Off on US officials quick to blame Iran… again
After two oil tankers were attacked in the Gulf of Oman, American officials were quick to blame Iran for the incident. Where have we heard that story before? Two tanker ships – the Marshall Islands-flagged Front Altair and the Panama-flagged Kokuka Courageous – were evacuated after they were attacked off the coast of Oman on Read More

US blames Iran for oil tanker attacks in Gulf of Oman

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By Andy Hayes, news reporter US Secretary of State Mike Pompeo has accused Iran of being behind attacks on two oil tankers which caught fire in the Gulf of Oman. Mr Pompeo said US intelligence believed that the attacks were part of a wider pattern. “Taken as a whole these unprovoked attacks present a clear Read More

Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations

4 days ago DieselGasoil Comments Off on Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations
NEW YORK (Reuters) – Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data that was seen as strengthening the case for the Federal Reserve to cut interest rates this year. Wall Street’s major stock indexes climbed Read More

Thousands evacuated as cyclone batters Indian coast

4 days ago DieselGasoil Comments Off on Thousands evacuated as cyclone batters Indian coast
Almost 300,000 people have been evacuated after a cyclone in the Arabian Sea battered an Indian fishing hub. Cyclone Vayu, the season’s second major storm, has moved west, skirting the coast of Gujarat. Officials took precautions after Cyclone Fani hit India’s eastern coast in May, killing 34 people in India and 15 in neighbouring Bangladesh. Read More

PHOTOS show massive fire on ‘attacked’ oil tanker in Gulf of Oman

4 days ago DieselGasoil Comments Off on PHOTOS show massive fire on ‘attacked’ oil tanker in Gulf of Oman
New photos have emerged showing the inferno that erupted after an oil tanker in the Gulf of Oman allegedly came under attack. Two oil tankers, the Marshall Islands-flagged Front Altair and the Panama-flagged Kokuka Courageous, have been evacuated following the suspected attacks in the Gulf of Oman on Thursday. Images posted by Tasnim News Agency Read More

Crude oil futures jump 4% amid news of tanker fire in Oman

4 days ago DieselGasoil Comments Off on Crude oil futures jump 4% amid news of tanker fire in Oman
Singapore — Crude oil futures spiked as high as 4% during mid-afternoon trade in Asia Thursday following news of a tanker fire near the Gulf of Oman. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 03:09pm Singapore time (0709 GMT), the August ICE Brent futures were up $1.73/b Read More

Iran says it rescued 44 sailors after 2 tankers were ‘reportedly attacked’ in Gulf of Oman

4 days ago DieselGasoil Comments Off on Iran says it rescued 44 sailors after 2 tankers were ‘reportedly attacked’ in Gulf of Oman
Iran rescued 44 sailors from oil tankers that were “attacked” in the Gulf of Oman off the UAE coast, according to IRNA. One of the vessels was allegedly targeted by a torpedo, reports said. Reuters reports two tankers were evacuated after an incident in the Gulf of Oman, the Marshall Islands-flagged Front Altair, which has Read More