The Panama Canal is operating at maximum capacity, handling 36 to 38 vessels daily due to increased demand for liquefied natural gas tankers amidst the ongoing Iran conflict.
As the Israel-US war on Iran disrupts shipping through the Strait of Hormuz, alternative sea routes may become important for ...
Iran's Fars News Agency reported that the Houthis in Yemen and other militia groups are prepared to support Iran against the US and its allies, potentially threatening the Bab el-Mandeb Strait, a ...
President Abdel-Fattah El-Sisi has instructed the Suez Canal Authority (SCA) to raise readiness across all navigation and service facilities, the Egyptian presidency said Sunday, amid concerns over ...
But at just 35 miles wide, it did. It’s just the latest evidence of how dependent the global economy is on a handful of choke ...
Iranian forces' closure of the Strait of Hormuz has sent shockwaves through global trade, with little sign of a break in the ...
Newt Gingrich thinks we need extreme measures to reopen the Persian Gulf. It’s safe to say that the era of frictionless ...
From waiving the Jones Act to rerouting oil through the Red Sea, governments are doing their best to make up for the crisis ...
As the world grapples with the Strait of Hormuz crisis, Congress leader Jairam Ramesh on Tuesday drew parallels with the 1956 ...
Building new pipelines could reduce dependence on the chokepoint, but such infrastructure projects require massive investment ...
Millions of barrels of oil moved through the Strait of Hormuz every day – until the war in Iran started. Now its role in global inflation is under the microscope.
Shippers are once again avoiding the Suez Canal as the U.S. and Israel are locked in a war with Iran. Image by Michael Arsyi via iStock Shippers are once again avoiding the Suez Canal as the US and ...