WASHINGTON : No ships made it past the blockade of the Strait of Hormuz, with six turning back on orders of the US military, officials claimed Tuesday. US Central Command said that more than
At least two vessels linked to Iranian ports transited the Strait of Hormuz on Monday despite a US military blockade, according to data from maritime tracking firm Kpler, reported by AFP on Tuesday. The
LONDON: Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of
WASHINGTON: President Donald Trump on Sunday said the U.S. will blockade the Strait of Hormuz after talks held in Pakistan to end the Iran war hit the skids. “Effective immediately, the United States Navy,
WASHINGTON: The US military says it will blockade Iranian ports from Monday, less than a day after peace talks with Iran in Pakistan broke down. The blockade will begin from 10:00 ET (14:00 GMT)
TEHRAN/WASHINGTON : US-Iran-Israel War Live Updates: Iran’s Supreme National Security Council officially acknowledged that a two‑week ceasefire, reportedly negotiated through Pakistan, has been agreed. The council added that the ceasefire deal was concluded with
Iran rejected the latest ceasefire proposal and instead said it wanted a permanent end to the war, as U.S. President Donald Trump’s ultimatum loomed within hours. Iran’s state-run IRNA news agency said Tehran had
NEW DELHI: Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head – Commodity,
CHICAGO: The escalating war in the Middle East is beginning to disrupt global shipping networks, raising freight costs and delivery logistics uncertainty for U.S. companies that sell through B2B ecommerce channels. Airspace closures, security
WASHINGTON : Insurance Giant Chubb (CB.BN), opens new tab will be the lead partner on the U.S. International Development Finance Corporation‘s $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf,