Shipping
Saudi Arabia considers introducing cheaper insurance to increase shipping in Middle East - report
Saudi Arabia, like many countries in the region, has had its economy severely impacted by the war. The Saudi Finance Ministry is considering offering a cheaper insurance option to revive shipping.
Trump: All mines cleared from Hormuz, Space Force watching nuclear sites, strait
Saudi vessel attacked in Red Sea, national shipping company confirms following Houthi claims
Iran advances plan to charge vessels fees for Strait of Hormuz passage
Amazon struggles to win Israeli shoppers while Chinese e-commerce giants dominate
And it's not because it hasn't tried. In April 2019, Amazon reached out to Israeli sellers and invited them to join the Local Delivery program.
Strait of Hormuz traffic plunges as Iran, US blockades restrict energy shipments
A total of 89 vessels exited the strait while 103 entered over the seven-day period, the report, based on Automatic Identification System (AIS) data, showed.
South Korea ship to test Arctic commercial shipping route amid Western concerns
President Lee Jae Myung has made Arctic shipping a priority for South Korea, a shipping powerhouse. Officials say this could help transform Busan and position the Arctic as a regular trade route.
Oil tankers going dark to evade Iranian attacks raises major oil spill risk in Gulf - report
Three separate oil spills are already spreading through the Persian Gulf and the Gulf of Oman, putting multiple ecosystems at risk.
Iran linked oil tanker falls victim to Somali piracy surge
The Eritrea-flagged Sibu 1 was at least the 13th vessel attacked this year off the coast of Somalia or in the Gulf of Aden, which links Somalia and Yemen.
Hormuz traffic slows as uncertainty over waterway persists
Claims by US President Donald Trump that the strait was open contradict Iran's assertions that it remained shut to shipping.
Mecca pact unites Saudi Arabia, Turkey, and Pakistan - but what does it mean? - opinion
The significance of the Mecca pact will depend less on the language of the agreement than on its implementation.
Shipping traffic falls further in Strait of Hormuz as US, Iran compete over claims to control
The Strait of Hormuz is "under Iran's control and management," the recently appointed head of Iran's Basij paramilitary unit said on Thursday.
Zelensky halts drone strikes on Black Sea oil tankers in Russian port after demand from US VP Vance
Ukraine agreed to not target non-Russian ships, so long as they were not sanctioned by Ukraine or carrying any Russian cargo.
Gulf states pay the price as shipping crisis exposes costly dependence on the Strait of Hormuz
"A lot of the necessities, and I'm talking food, that these Gulf nations require - Kuwait, the UAE, Bahrain, Qatar, Saudi Arabia - comes in by boat," and flying in goods is causing prices to rise.
