Shipping
Brent crude rises above $100 a barrel as Middle East conflict escalates
The Houthi attacks could threaten crude shipments via the Red Sea, which has been a key alternative route to the crucial Strait of Hormuz, where crude flows have been severely curtailed.
Hapag-Lloyd to improve $4.2b. bid for ZIM after opposition from gov't, workers, company says
Fighting increases in Yemen as Houthis look to al-Mandab Strait as potential pressure point
Two sailors killed in Iranian attack on ship in Strait of Hormuz, Saudi Foreign Ministry says
Five survivors found clinging to fish trap after Indonesian boat sinks with dozens missing
Forty-nine survivors were located in total since the boat sank last week, though another 20 people reportedly remain missing as the search continues.
Strait of Hormuz seeing less traffic as threat from Iran increases to commercial sailors - report
According to the International Maritime Organization, at least 17 sailors have been killed since the beginning of the war, with three killed and over a dozen wounded in the last week alone.
Blockades and fees: Why are the US’s actions in Hormuz legal while Iran’s are not? - interview
Though US President Donald Trump has since abandoned the idea, he suggested that vessels should pay a 20% fee on all cargo transiting the Strait of Hormuz in exchange for US military protection.
Iran's attacks on Emirati tankers leaves Gulf united against Islamic regime - analysis
Gulf solidarity is now emerging in an even larger way than before. While some countries want an agreement that will end the fighting, they are also outraged by Iran’s new attacks.
Horn of Africa growing increasingly important in Middle East power plays - analysis
Military agreements, port investments, and competing positions on Somalia, Somaliland, and Sudan are drawing the African and Arabian shores of the Red Sea into a single geopolitical arena.
Strait of Hormuz traffic slows as US-Iran conflict raises new safety risks
Six vessels transited the strait on Sunday, ship-tracking data from Kpler showed, the lowest number in five weeks.
Trump says Strait of Hormuz open to commercial traffic
"We had a meeting with them, where they agreed to a deal that was perfect for us...And then, after that, they left the room and within an hour they launched a drone at a ship," Trump said.
Pineapples stuffed with thousands of smuggled cigarettes intercepted by IDF at Gaza crossing
The cigarette-filled pineapples were transported in a truck carrying a shipment purchased by an Israeli company, intended to reach the Kerem Shalom Crossing as part of humanitarian aid.
Iran using Gulf attacks to force control over Strait of Hormuz shipping, analysts warn
Iran’s recent escalations against Gulf nations proved that the MoU, which was “intended as a vehicle for de-escalation,” has exposed the absence of any real “durable” peace framework in the Gulf.
Trump warns US can wipe out Iran's power grid in 'small part of an afternoon' if deal not reached
The president said, "We freed up the blockade because we're close to maybe making a deal - I don't know, look - we're going to win one way or the other."
