Dry Van Spot Rates Highest Since 2022 As Spring Tightens Capacity

War Returns: Pentagon Initiates 3rd Consecutive Night Of Iran Strikes As IRGC Targets More Vessels In Hormuz Summary Trump warns will hit Iran 'hard' tonight or tomorrow; Pentagon confirms 3rd night of strikes has begun Reports of Houthi missiles launched on Saudi Arabia: oil extends gains near month-highs. Trump says US blockade of Iran ports 'reinstated': states that US to be reimbursed at rate of 20% of cargo shipped for vessels wishing to transit. CENTCOM affirms with closure message. Strikes escalated over weekend: US hit over 140 Iranian military targets; Iran attacks US-linked facilities across...

How Many $2,500 Foldable iPhones Will Apple Ship In Year One? IDC Has The Answer Apple is set to unveil its first foldable iPhone at the company's September 9 product event at 1300 ET. Ahead of what could be Apple's biggest handset launch in many years, technology market research firm International Data Corporation, better known as IDC, issued a new forecast estimating just how many foldable iPhones Apple could ship during the device's first year. Bloomberg first reported IDC's estimate that the $2,500 foldable iPhone could generate more than 10 million shipments...

How The UAE Has Kept Its Oil Flowing Through Hormuz By Tsvetana Paraskova of OilPrice.com The United Arab Emirates has managed to boost its oil exports to pre-crisis levels as early as June, as it has kept pushing crude through the Strait of Hormuz and outside it.   The UAE, which left OPEC on May 1, has found workarounds to the blockage at the Strait of Hormuz. It has been shuttling crude through the chokepoint to load it on larger vessels outside the Strait, maximizing the use of its onshore pipeline to...