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Tropical Storm Helen Halts 24% of Oil Production in Gulf of Mexico

About 24 percent of crude oil production and 18 percent of natural gas production in the Gulf of Mexico, United States, has been halted due to Tropical Storm Helene.

The U.S. Bureau of Safety and Environmental Enforcement reported that energy produce…

Moody’s downgrades Israel’s credit rating by two notches

Tel Aviv – Ma’an – Moody’s has downgraded Israel’s credit rating by two notches in one go, maintaining its negative outlook on the rating due to “geopolitical risks” resulting from the escalation of the conflict with Lebanon’s Hezbollah and the predic…