Trump signals harsher response as US-Iran hostilities escalate, raising fears of prolonged conflict in the Gulf region.
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By Florence Tan SINGAPORE, Sept 1 (Reuters) - Two supertankers carrying Saudi oil were struck by unknown projectiles within minutes of each other while transiting outbound through the Strait of…
Chinese President Xi Jinping is set to arrive in Egypt on Tuesday, making a rare trip to the Middle East as both countries face the threat of US sanctions over financial links to Iran. The…
A full return to Suez Canal routing could result in an 8.7% year-on-year contraction in global head-haul container demand during the first half of 2027, despite underlying cargo demand continuing to…
Shipping traffic through the Strait of Hormuz fell to around five commodity vessels per day over the weekend, according to shipping data released on Monday, amid continuing concerns over potential…
WATCH: Podcast by Jasim Al-Azzawi with Kelley Beaucar Vlahos:The D-Day Sanctions Against Iran: Will They Work or Backfire?
DUBAI, Sept 1 (Reuters) - Iran has sufficient foreign currency reserves despite U.S. sanctions, Central Bank Governor Abdolnaser Hemmati said on Tuesday, after U.S. Treasury Secretary Scott Bessent…
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