Earnings for ships on the world’s benchmark oil tanker route approached $650,000 a day as the Iran war and a bold bet by a South Korean tycoon continue to reshape how barrels are transported across…
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US issues fresh Iran-related sanctions as war marks six months The United States issued more Iran-related sanctions targeting one entity and one individual on Friday, after Treasury Secretary Scott…
Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said in an interview on Thursday that Iran was preparing a list of conditions for reopening the Strait of Hormuz.
China on Friday reiterated that dialogue and diplomatic negotiations “are the only viable way out” of tensions between Washington and Tehran amid new US economic sanctions against Iran, Anadolu…
The top US commander for the Middle East said that American forces have cleared Iranian mines from the Strait of Hormuz, after Washington’s allies expressed doubts about similar claims by President…
The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play book, plowing capital into infrastructure, from energy pipelines to ports, to weather the…
A tanker was struck by an unidentified projectile while transiting the Strait of Hormuz, causing a fire that was subsequently extinguished, according to the United Kingdom Maritime Trade Operations…
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.
