Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains

Cargo Vessel Comes Under Apparent Iranian Attack Near Oman, Crude Jumps, After IRGC Warned It Controls Hormuz Strait Update(11:28ET): A tanker appears to have come under (likely) Iranian attack close to the coast of Oman on Thursday. It seems that Iran is seeking to impose control, and its red lines as its military issues the following message: "Coordination with the IRGC Navy for passage through the Strait of Hormuz via Channel 16 is mandatory, and violator vessels will be dealt with." Below is the initial UKMTO alert: UKMTO WARNING 074-26 - ATTACK Click...

Iran's Military Command Reshuffle Digs In For 'Hardline' Confrontation: US Must Meet All Demands For Hormuz Opening Summary Iran rejects peace push narrative: Tehran says Hormuz stays closed until the US accepts all its conditions. Hardliners take control: Iran reshuffles top military leadership, signaling a tougher stance. Pakistan pushes talks: Interior Minister arrives in Tehran for mediation efforts. US enforces blockade: American forces reportedly fired on a ship trying to breach the Iran blockade. Shipping attacks escalate in region: A Houthi attack reportedly killed three crew members, while another vessel was struck in the Gulf...

The Israeli Knesset passed a bill on Monday that mandates the death penalty for Palestinians convicted of deadly “acts of terror,” an effort that was led by Israeli National Security Minister Itamar Ben Gvir, leader of the Jewish power party, who was seen celebrating with champagne after the vote. The bill is designed to apply […]