Iran Oil Exports Plunge To Four Year Low As Blockade Tightens, While Inflation Soars To World War 2 Levels

An Israeli strike in southern Gaza on Tuesday killed a nine-year-old boy, according to the Palestinian news agency WAFA, as the Israeli military continues its constant violations of the US-backed ceasefire deal. The boy, identified as Adel Al-Najjar, was killed when an Israeli aircraft targeted Khan Younis. Photos show Palestinians mourning him during a funeral […]

Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900 By Stuart Chirls of AmericanShipper The container shipping market is being driven by geopolitics, rates, and network reshuffling, but freight-rate volatility and adjustments by carriers to protect schedules and pricing has supplanted Middle East disruptions as top-level concerns. Asia-U.S. West Coast prices increased 8% to $6,175 per forty foot equivalent unit (FEU), according to Freightos, a data contributor to SONAR ocean market data. Prices for Asia-U.S. East Coast transportation also rose 8%, to $7,998 per FEU. SONAR‘s Ocean Supply/Demand Index reflects the...

Hot Pot, Hot Mess: Service Robot Goes Berserk In San Jose Dining Room, Must Be Tackled By Staff On Tuesday, diners at a Haidilao hot-pot restaurant in San Jose saw an unexpected disruption when a service robot, apparently part of an in-house performance, malfunctioned and began moving erratically. Instead of entertaining guests, it knocked dishes to the floor and sent chopsticks flying as employees rushed to contain it. Video from the scene shows staff dodging the machine before eventually tackling it; no injuries are apparent, Hoodline wrote. A malfunctioning service robot...