Oil shipping costs spike 9 times to $40.50 a barrel as US-Japan tanker trip hits $81 million

Oil tanker shipping costs surge as global crude oil transportation rates hit record highs.

Oil shipping costs have jumped sharply, making it more expensive to transport crude oil from the United States to Japan. The oil supertanker Esteem Explorer is scheduled to sail from the US to Japan in late November, carrying around 2 million barrels of crude oil. The journey is expected to cost $81 million, compared with … Read more

Ethiopian pro-government militia claims Tigray airport as regional tensions spike

Ethiopian pro-government militia claims Tigray airport as regional tensions spike

Pro-government militias in Ethiopia on Friday claimed they had captured a major airport near the Tigrayan capital from rebels, as the conflict triggered a breakdown in the country’s relations with Eritrea and Egypt. Ethiopian pro-government militia claims Tigray airport as regional tensions spike Fighting erupted last week in northern Ethiopia as the rebel Tigray People’s … Read more

Is Spectrum down? Users report outage as Internet and WiFi issues spike across US

Hundreds of customers reported problems with Spectrum internet and WiFi on Downdetector (UnSplash)

Spectrum customers across the United States reported service issues late Sunday and early Monday. Outage-tracking platform Downdetector showed a sharp increase in complaints about the provider’s internet, WiFi and mobile services. Hundreds of customers reported problems with Spectrum internet and WiFi on Downdetector (UnSplash) Spectrum, operated by Charter Communications, provides cable television, broadband internet, mobile … Read more