Iran and Oman explore service fee scheme for vessels in Strait of Hormuz
Iran and Oman have reportedly agreed to move forward with a proposal to introduce voluntary fees for vessels…
Oman and Iran agree on joint initiative on Strait of Hormuz management
Oman and Iran have agreed to establish a joint working group to negotiate the future management of navigation…
IMO and Oman announce plans to evacuate 11,000 seafarers from Hormuz
The International Maritime Organization (IMO) is preparing to oversee the phased evacuation of more than 11,000 seafarers stranded…
BIMCO: Clarity remains elusive in the Strait of Hormuz
The week opened with reports of a potential agreement between the United States and Iran aimed at ending…
U.S. sanctions Persian Gulf Strait Authority, calling it “extortion” scheme
On 28 May, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that it…
Iran suspends talks with U.S. due to Israeli attacks in Lebanon
Iran has announced that it is suspending communications with the United States unless Israel halts its expanding military…
UNCTAD: Strait of Hormuz disruptions affect nearly 1 billion lives
Disruptions in the Strait of Hormuz have been sending shockwaves through the global energy system, according to UNCTAD’s…
Shipping leaders convene at Posidonia 2026 amid Hormuz uncertainty
The global maritime community has gathered in Athens this week at a moment of acute strategic significance: with…
IMO adopts resolution on promoting safe navigation in the Gulf region
On 19 May, Member States of the International Maritime Organization adopted another resolution condemning Iran’s attacks on merchant…
US and Iranian forces clash overnight in the Strait of Hormuz
Clashes between US and Iranian forces near the Strait of Hormuz on 25 May underscored rising tensions between…
US warns against proposed toll system in the Strait of Hormuz
US Secretary of State Marco Rubio said on 22 May that discussions with Iran have made “slight progress”…
Report warns Hormuz closure poses single greatest threat to global energy markets
A prolonged closure of the Strait of Hormuz risks the single greatest global energy supply shock in decades,…