Asian economies are racing to build up storage capacity to reduce their exposure to conflict in the Middle East.
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Saudi Arabia’s observed crude exports last month slumped to the lowest in at least nine years, as tankers were attacked following rising tensions in the Middle East.
Shipping traffic via Hormuz Strait below 10-day average, data shows Six commodity vessels transited the Strait of Hormuz on Wednesday, according to preliminary shipping data from Kpler, indicating a…
White House posts map of Hormuz Strait renaming it as 'Trump Strait' The White House released a map on Wednesday showing the Strait of Hormuz as "Trump Strait", with a caption saying "it's got a nice…
Maersk will revise its Peak Season Surcharge (PSS) for shipments from the Indian Subcontinent and Middle East to the US and Canadian East and Gulf coasts. The revised surcharge will take effect on 1…
Russia is helping Iran develop a supersonic anti-ship cruise missile, according to a report in the Financial Times.If the development comes to fruitio...
US President Donald Trump said Wednesday that Iran must never be allowed to obtain a nuclear weapon, crediting last year’s US strikes with halting Tehran’s atomic program just before completion, and…
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
