Yahoo Finance published this video item, entitled “Red Sea tensions delay oil shipments from Saudi Arabia, Iraq” – below is their description.
Crude oil shipments (CL=F, BZ=F) from Saudi Arabia and Iraq — totaling 9 million barrels — face delays stemming from shipping diversions amid escalating Red Sea conflicts, according to a Bloomberg report. Yahoo Finance Senior Reporter Ines Ferré monitors oil futures prices as tensions from Yemen Houthi rebel forces deter movement through international trade routes.
#youtube #REDSEA #stockmarket
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Iraq, officially the Republic of Iraq, is a country in Western Asia. The capital and largest city is Baghdad. Iraq is home to diverse ethnic groups including Arabs, Kurds, Turkmen, Assyrians, Yazidis, Shabakis, Armenians, Mandaeans, Circassians, Sabians and Kawliya. Around 99% of the country’s 38 million citizens are Muslims, with small minorities of Christians, Yarsans, Yezidis and Mandeans also present. The official languages of Iraq are Arabic and Kurdish.
Iraq has a coastline measuring 58 km (36 miles) on the northern Persian Gulf and encompasses the Mesopotamian Alluvial Plain, the northwestern end of the Zagros mountain range and the eastern part of the Syrian Desert. Two major rivers, the Tigris and Euphrates, run south through Iraq and into the Shatt al-Arab near the Persian Gulf. These rivers provide Iraq with significant amounts of fertile land. The region between the Tigris and Euphrates rivers, historically known as Mesopotamia, is often referred to as the cradle of civilisation.
Iraq is a federal parliamentary republic consisting of 19 governorates, four of which make up the autonomous Kurdistan Region. Disputes over the sovereignty of Kurdistan Region continue.
Iraq is a founding member of the UN as well as of the Arab League, OIC, Non-Aligned Movement and the IMF.
Saudi Arabia, officially the Kingdom of Saudi Arabia, is a country in Western Asia constituting the bulk of the Arabian Peninsula.
Saudi Arabia also has one of the world’s youngest populations, with approximately 50 percent of its population of 34.2 million being under 25 years old.
TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.
ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.
Yemen, officially the Republic of Yemen, is a country at the southern end of the Arabian Peninsula in Western Asia. It is the second-largest Arab sovereign state in the peninsula, occupying 527,970 square kilometres. The coastline stretches for about 2,000 kilometres.
