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 Renewed Strikes in Gulf Put Shipping Recovery at Risk
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 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 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
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
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
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.