Verity Ratcliffe

Energy Correspondent at the Financial Times.

Opinions are my own.

[Ed Conway @EdConwaySky]

🚨This is the story of how UK & EU goods are STILL going into Russia in vast quantities, despite sanctions.
Of how the economic war waged by the G7 is failing.
Of how I witnessed sanctions rules broken in plain sight.
But above all else it’s the story of a chart... 🧵

[Verity Ratcliffe @V_Ratcliffe]

Yes, Dubai *has* felt particularly hot this summer https://t.co/0vF9R8qfi3

[Bloomberg Economics @economics]

As Houthi attacks on vessels in the Red Sea get more intense, shipping rates are surging, write @V_Ratcliffe and @alexlongley1 https://t.co/b2YoKX5t6M

[Bloomberg Markets @markets]

The Houthis' intensifying campaign of destruction in the Red Sea suggests higher shipping costs are here to stay, write @V_Ratcliffe and @alexlongley1 https://t.co/BfLOpQtOBb

[Verity Ratcliffe @V_Ratcliffe]

@TomTheProducer1 For Eid, yes

[Verity Ratcliffe @V_Ratcliffe]

Dubai Mall limiting entry to ‘just families’ today (Emaar policy)

[Rakteem Katakey @rakteem]

Salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off drones. This is what it takes to rescue a Houthi-hit ship https://t.co/d5eFEyqVTE | By @V_Ratcliffe

[Verity Ratcliffe @V_Ratcliffe]

The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working 🚢https://t.co/b5RCJuAXuQ

[Verity Ratcliffe @V_Ratcliffe]

WATCH: Bloomberg Originals documentary on the incredible story of SBF and the collapse of crypto platform FTX

https://t.co/F142BAW7bM

[Verity Ratcliffe @V_Ratcliffe]

BILLIONS AND BILLIONS: QatarEnergy had quite a year for earnings while the world scrambled for gas supplies https://t.co/nKX2eLBeql

[Bloomberg Middle East @middleeast]

Qatar’s wealth fund to buy a stake in NBA’s Washington Wizards https://t.co/4FsYCKkya5

[Verity Ratcliffe @V_Ratcliffe]

China will sign a 2nd big LNG deal today. As with the Sinopec deal in Nov, CNPC will buy a 5% stake in a train and get shipments over 27 years 🇶🇦🇨🇳🔥https://t.co/qcZcdlboTW

[Verity Ratcliffe @V_Ratcliffe]

The largest oil producer in the United Arab Emirates is setting up a desk to trade carbon credits 🇦🇪 https://t.co/EciDiPlNaR

[Verity Ratcliffe @V_Ratcliffe]

@LaCourelle @markets Sounds like "saffer"

[Verity Ratcliffe @V_Ratcliffe]

There are around 17 decaying and potentially dangerous ships along Yemen’s coast but none with greater potential for harm than the FSO Safer, according to the UN 🇾🇪🇺🇳⚓️https://t.co/aXuH74FBcm🧵

[Verity Ratcliffe @V_Ratcliffe]

@LaCourelle @markets After an oil production area in Yemen

[Verity Ratcliffe @V_Ratcliffe]

The company that’s carrying out the mission (same firm that freed the Ever Given when it got stuck in the Suez Canal) say it’s the worst operating vessel they’ve ever seen https://t.co/aXuH74FBcm

[Verity Ratcliffe @V_Ratcliffe]

Now an operation’s underway to replace it with a more seaworthy ship – a tricky task in a warzone as all the competing factions must support the mission