Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
Category: Freight (Cargo)
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Oil Prices Jump After Trump Says Deal With Iran Is ‘Over’
The New York Times – Business: -
Oil Prices Jump After Renewed Strikes in Gulf Put Shipping Recovery at Risk
The New York Times – Business:Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
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Renewed Strikes Threaten Setback to Shipping Recovery in Persian Gulf
The New York Times – Business:The attacks came after traffic through the Strait of Hormuz had reached the highest levels since the start of the U.S. war in Iran.
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Movement Through Strait of Hormuz Is Halted After Attack on Cargo Ship
The New York Times – Business:The strike on a vessel near the coast of Oman prompted a U.N. agency to pause an evacuation of ships from the Persian Gulf.
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Attack on French Cargo Ship Highlights Continued Risks in Strait of Hormuz
The New York Times – Business:U.S. Central Command and the ship’s owner disagreed on whether the vessel coordinated safe passage with the United States military.
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3 California Men Are Arrested in $1 Million Lego Heist
The New York Times – Business:Sheriff’s deputies spotted the men fleeing in two box trucks on Wednesday. Deputies searching the cargo discovered a large amount of Lego products, the authorities said.
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Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors
The New York Times – Business:Iran has allowed a small number of vessels to pass, but that won’t alleviate pressure or risk for the shipping industry and energy markets any time soon.