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MIDDLE EASTMiddleeastmonitor4h ago

UN chief ‘deeply concerned’ over Strait of Hormuz escalation

UN Secretary-General Antonio Guterres is “deeply concerned” of escalating military actions and threats to shipping in the Strait of Hormuz, his spokesperson said on Wednesday, Anadolu reports.…

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Jeddah’s capacity bet against its own crisis

CMA CGM’s $434 million wager on Jeddah’s future collides with the blockade shaping its present and the gap between them is the story. On 26 August Red Sea Gateway Terminal and CMA CGM signed an…

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