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Business News > Mint Authors > Costas Paris

Costas Paris

ARTICLES BY COSTAS PARIS

A man stretches after working out as the sun sets in Panama City, Tuesday, Sept. 22, 2026. (AP Photo/Matias Delacroix) (AP Photo/Matias Delacroix)

How the Panama Canal became a 50-mile waterway with a $5 million ticket price

3 min read . 24 Sept 2026

A photo released by the U.S. military shows the flight deck of the USS George Washington earlier this month.

With close calls on US warships, Iran shows new appetite for escalation

5 min read . 10 Sept 2026

Two vessels anchored off Oman last month.

Global economy is suddenly fighting an energy stranglehold on three fronts

5 min read . 23 Jul 2026

'Hit Them 20 To 1': Trump Rattled By Iran's Payback, Levies Own 'Interest' As US Continues Strikes?

Inside Trump’s Oval Office decision to ditch the Iran ceasefire

4 min read . 09 Jul 2026

Following the U.S.-Iran conflict, yuan transactions on China's CIPS platform surged, averaging around $115 billion daily.

China is luring the world to the yuan—and hobbling western sanctions

13 min read . 24 Jun 2026

Vessels in the Strait of Hormuz near Oman last week. Reuters

Ships are sailing ‘dark’ to sneak out of Strait of Hormuz

5 min read . 30 May 2026

The Alliance Fairfax at the Port of Shuaiba, Kuwait, earlier this year.

Inside ‘Project Freedom,’ Trump’s aborted bid to reopen the Persian Gulf

7 min read . 08 May 2026

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