Trump says the US is helping around 30 ships cross the waterway daily, but ship-tracking data suggests it's fewer.
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Limits on the number of vessels in the canal could create shipping delays and increase freight costs.
Fighting has intensified on most of the border between Houthi forces in Yemen and the areas held by the internationally recognized government (IRG). T...
Speaking at G20 finance talks US Treasury Secretary Scott Bessent declared that the Strait of Hormuz will be “bypassed in two years,” becoming, in his words, “a worthless piece of water” as Gulf oil…
Iran adds more than $1bn in oil revenue to foreign reserves Iran received more than $1bn in oil revenue during the 11 days to September 2, according to the semi-official Fars news agency. Fars said…
UAE-based logistics giant DP World will commence construction of the Tashkent Multimodal Logistics Terminal in October. The site will be located in the Yangi Avlod…
The head of Japanese shipping company Mitsui OSK Lines Ltd. expects disruption in the Strait of Hormuz to last longer than previously assumed, with recent attacks elevating the risk for 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.
