The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone could pay the tolls
Concerns are growing that the de-facto tolling of the Strait of Hormuz could trigger a domino effect for…
Iraq earns $18.6 billion from oil exports in H1 2026
Baghdad (IraqiNews.com) – Iraq’s State Organization for Marketing of Oil (SOMO) revealed last week that the country’s oil…
The Strait of Hormuz closure: What happens to trade and shipping? | Event
The Strait of Hormuz is a vital passage for world trade, notably for oil and fertilizers. Roughly 88…
How We Might Be Building A Strait Of Hormuz In Space
The current conflict with Iran is teaching the Department of War some hard lessons. The one the commentariat…
U.S. companies have received $71 billion in tariff refunds but now must combat Iran war inflation
American companies are finally getting relief from tariff refunds—only it’s just in time for a new wave of…
Latest ship attack puts IMO’s Persian Gulf evacuation plan on hold
The International Maritime Organization (IMO) has paused its Persian Gulf vessel evacuation three days after it was implemented…
Israel Opposition Adds Risk to Hapag-Lloyd’s ZIM Deal
Hapag-Lloyd’s US$4.2 billion ZIM acquisition faces Israel opposition, raising uncertainty for container shipping, logistics, and global supply chains.…
70% of SMEs fear bankruptcy as Iran war hampers supply chains
UK SMEs trading internationally are facing a tipping point, with seven in ten warning they could be pushed…
After Hormuz, Iran threatens to block another strait: Why Bab El-Mandeb matters
Quick summary – click for full details Concise summary of key highlights In one line Iran threatens to…
Iran war shows renewable energy is now a national security imperative
By Carol Becker and Ken McDonald Jr. The conflict in Iran has again exposed the hard truth that…
Iran rejects claims of Hormuz transit toll, says ships are paying for navigation and environmental protection services
Iran, on Monday (May 25), denied imposing transit tolls on ships passing through the strategically vital Strait of…
The world has 6 months to avert major food crisis, says UN as Hormuz struggle drags on – POLITICO
The impact is already showing. The FAO Food Price Index, which tracks monthly changes in international food commodity…