Iran's top diplomat met his Qatari counterpart on Thursday in Tehran for talks on the strategic Strait of Hormuz, as a US naval blockade squeezes oil supplies to Iran amid a domestic shortfall. …
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The Kingdom Tower is seen at sunset in Riyadh, Saudi Arabia on 02 March, 2024. [Jaap Arriens/NurPhoto/Getty Images] " data-large-file="https://i0.wp.com/www.middleeastmonitor.com/wp-content/uploads/20…
The intra-Asia container freight market strengthened for a third consecutive week as unrest in the Middle East and typhoon-related disruption across China tightened capacity and pushed rates higher…
Iran says US naval blockade is limiting petrol imports Iran has been unable to import enough petrol to make up for a shortfall in domestic production because of a US naval blockade, a senior Iranian…
A crisis in one narrow passage has disrupted an industry that carries about 80 percent of the world’s trade.
The nascent and increasingly vital shuttle tanker trade moving Middle East crude through the Strait of Hormuz for transfer in the Gulf of Oman is under fresh threat after Iran blacklisted some of the…
Singapore’s advantage as a maritime centre is changing, argues Gus Majed, founder and group CEO of fuel and freight price risk specialist Paratus. The city-state built its position on scale,…
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