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
Saudi Arabia seeking to build coalition to protect Red Sea shipping from Houthi attacks
The composition of the coalition has yet to be finalized and remains under discussion with dozens of countries, the sources said.
Oman proposes Hormuz management system with voluntary fees, source says
Iran has said the strait cannot go back to its pre-war status where shipping flowed freely, while Gulf states insist there be no mandatory payment of fees to Iran.
Red Sea shipping drops after Houthi attacks on Saudi oil sites, data shows
Eleven commodity vessels passed through the Bab el-Mandeb Strait on Sunday, the lowest level in months, the data showed.
Hormuz tanker crossings slip to lowest in more than two months, data shows
One tanker crossed the Strait of Hormuz on July 23, compared with three the day earlier, data from analytics firm Kpler showed, as ships are being rerouted to paths that take significantly longer.
Saudi tankers make U-turn in Red Sea, head towards Suez following Houthi blockade announcement
The Houthis declared a naval blockade against Saudi Arabia, opening a potential new front against the United States in its war with Iran and raising the threat to global energy supplies.
US still open to diplomatic solution with Iran if attacks in Strait of Hormuz end, Rubio says
Rubio also stated that there was a "growing split" in Iran between the more militant extremists who continue to attack the US and other countries and those who are concerned with Iran's economy.
Five survivors found clinging to fish trap after Indonesian boat sinks with dozens missing
Forty-nine survivors were located in total since the boat sank last week, though another 20 people reportedly remain missing as the search continues.
Strait of Hormuz seeing less traffic as threat from Iran increases to commercial sailors - report
According to the International Maritime Organization, at least 17 sailors have been killed since the beginning of the war, with three killed and over a dozen wounded in the last week alone.
Blockades and fees: Why are the US’s actions in Hormuz legal while Iran’s are not? - interview
Though US President Donald Trump has since abandoned the idea, he suggested that vessels should pay a 20% fee on all cargo transiting the Strait of Hormuz in exchange for US military protection.
Iran's attacks on Emirati tankers leaves Gulf united against Islamic regime - analysis
Gulf solidarity is now emerging in an even larger way than before. While some countries want an agreement that will end the fighting, they are also outraged by Iran’s new attacks.
