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Business News > Mint Authors > Costas Paris

Costas Paris

ARTICLES BY COSTAS PARIS

A tanker, identified as part of Russia’s shadow fleet, which was boarded by French troops last year.

Russia’s shadow-fleet kingpin is back in business

7 min read . 19 Mar 2026

An oil terminal on Kharg Island, Iran.

Why did Trump order an attack on Iran’s Kharg Island?

4 min read . 14 Mar 2026

Jebel Ali port in Dubai following an attack earlier this month.

The Iran war is now disrupting global trade

4 min read . 14 Mar 2026

President Trump said the U.S. had launched a major combat operation, with far broader objectives than strikes last year that targeted Iranian nuclear sites. (REUTERS)

Trump’s war on Iran threatens to drive up oil prices and inflation

5 min read . 01 Mar 2026

The Bella 1 tanker as seen from the deck of a U.S. Coast Guard cutter on Wednesday.

Russian flags proliferate over shadow fleet of oil tankers

4 min read . 12 Jan 2026

The tanker, formerly known as the Bella 1, has been trying to evade the U.S. blockade of sanctioned oil tankers near Venezuela.

Russia sends submarine to escort tanker the US tried to seize off Venezuela

3 min read . 07 Jan 2026

Coast Guard vessels have tracked the very large crude carrier through the Atlantic Ocean.

Oil tanker pursued by the US appears to claim Russian protection

4 min read . 31 Dec 2025

A U.S. Coast Guard helicopter flying over Puerto Rico last week.

Coast Guard tracks down a runaway oil tanker linked to Iran and Venezuela

5 min read . 26 Dec 2025

Venezuela has struck a defiant note, insisting that its crude oil exports were not impacted by US President Donald Trump's announcement of a potentially crippling blockade. (File Photo: AFP)

US targeting oil tankers in bid to stymie global black market

3 min read . 23 Dec 2025

People walk past a mural depicting former Venezuelan president Hugo Chavez alongside Venezuelan independence heroes. Venezuela struck a defiant note on December 17, insisting that its crude oil exports were not impacted by US President Donald Trump's announcement of a potentially crippling blockade. (Photo: AFP)

The $8 billion black market for Venezuelan oil is suddenly closing down

5 min read . 18 Dec 2025

The deal calls for Constellation to revive the plant’s undamaged reactor, which was too costly to run and closed in 2019. (AP)

US backs $1 billion loan to restart the Three Mile Island nuclear plant

2 min read . 19 Nov 2025

Hanwha’s two new LNG carriers will be constructed at the company’s shipyard in Geoje, South Korea. (Bloomberg)

South Korea promises it will rekindle US shipbuilding. That’s still far off.

3 min read . 13 Oct 2025

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline. (Illustration: Reuters) (REUTERS)

The six miles of water keeping global markets on edge

4 min read . 23 Jun 2025

Handling Russian oil is legal under Western sanctions if the price is below $60 a barrel. (REUTERS)

Sliding oil prices have reopened the door to Russian crude

4 min read . 30 May 2025

A sunken vessel is pictured at a site hit by Israeli forces in the Houthi-controlled port of Hodeida on the Red Sea on December 21, 2024. (Photo: AFP)

Shippers are skeptical of Trump’s truce with the Houthis

3 min read . 08 May 2025

US tariffs slash China container shipments, forcing carriers to downsize vessels and cancel sailings. (Image: Getty Images via AFP)

China-to-US container shipments shrink as tariffs bite

3 min read . 01 May 2025

CK Hutchison operates the Balboa Port on the Panama Canal. (AP)

Panama casts doubt on BlackRock canal ports deal touted by Trump

2 min read . 08 Apr 2025

BlackRock's $22.8B port deal aids U.S. influence in Panama. (Image: Reuters)

BlackRock becomes a power player in global shipping—with help from Trump

6 min read . 11 Mar 2025

The Houthis have attacked more than 100 vessels in the Red Sea since Hamas’s Oct. 7 attack on Israel sparked the war in Gaza. (File Photo: Bloomverg)

Shippers wary of Red Sea routes despite Houthi pledge to end targeting

3 min read . 27 Jan 2025

The oil is from a stockpile of at least 25 million barrels that Iran sent to China in late 2018. (Bloomberg)

Iran races to sell oil stored in China

4 min read . 11 Jan 2025