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Tag

shipping

3 articles

Politics & Policy62d ago

Naval Blockade Reroutes 100 Ships in Hormuz—Oil Prices Jump, Global Trade Faces Squeeze

U.S. Central Command confirmed the disruption as Iranian forces escalate actions in the critical chokepoint, pushing crude futures higher and raising insurance costs for shippers

Politics & Policy69d ago

Shipping Giants Cut Cuba Trade as U.S. Sanctions Bite

CMA CGM and Hapag-Lloyd suspended all bookings to and from Cuba, deepening the island's economic isolation

Politics & Policy72d ago

Iran Seizes Vessel Near UAE Coast, Escalating Gulf Shipping Threat

Unauthorized personnel boarded a commercial ship northeast of the UAE, directing it into Iranian waters and heightening risks for oil and trade routes in the Strait of Hormuz