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Mid East tension hits stocks, hopes for containment stem losses

Equities retreated on April 15 after Iran ramped up Middle East tensions by launching a barrage of missiles and drones at Israel over the weekend, fuelling fears of a wider conflict in the volatile region.

However, analysts said there was hope among traders that the crisis could be contained.

That sliver of optimism helped drag oil prices lower.

Turkish corvette sets sail for Japan in tribute to historic voyage

The Turkish corvette TCG Kınalıada embarks on an expedition to the Far East on April 8, retracing the route of the ill-fated frigate Ertuğrul, which sank en route from Japan in 1890.

The voyage also marks the centennial milestone of diplomatic ties between Türkiye and Japan.

Greeks the undisputed leaders in tankers

Greek shipowners remain by far the dominant players in the global tanker market, as Greek-owned tankers reach a value of $70 billion, according to the British company VesselsValue.

According to the latest data, from February 2024, available to Kathimerini, Greek shipowners have the third largest fleet in the world, amounting to $169.4 billion approximately.

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