Oman appears to have put its foot down over Iran’s misrepresentations about the state of their bilateral negotiations over the Strait of Hormuz. On Au...
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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…
Iran has sufficient foreign currency despite intensified US sanctions and economic pressure, Central Bank Governor Abdolnasser Hemmati said Tuesday, Anadolu reports. Addressing US President Donald…
Dubai-based cargo airline SolitAir has expanded its African network with services to Port Harcourt in…
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…
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