The increasingly violent tanker war around the Strait of Hormuz is threatening to send oil prices sharply higher, with Goldman Sachs warning today Brent could hit $120 a barrel if attacks on shipping…
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Yemen’s Houthis say Saudi CH-4 drone downed over al-Jawf Houthi military spokesperson Yahya Saree said that they shot down a Saudi CH-4 armed reconnaissance drone over al-Jawf province. According to…
CMA CGM and Red Sea Gateway Terminal (RSGT) have signed a definitive agreement to develop and operate Terminal 4 at the Port of Jeddah, Saudi Arabia. The project is expected to involve an investment…
Iran's security chief Mohsen Rezaei says Tehran will announce a restricted zone around the Strait of Hormuz.
By Florence Tan SINGAPORE, Sept 7 (Reuters) – An average of 10 commodity ships transited the Strait of Hormuz per day over the past 10 days, the lowest since May, according to shipping data...
Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping…
Move comes as Iran's top negotiator warns of heavier responses to new attacks after US strikes on Iranian oil tankers.
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.
