Tag: Hormuz

US Strikes Iran Again After Weeks of Calm

Lead_Story Senuri Vithanage -
US forces have carried out strikes against two Iranian launchers on Larak Island, according to a US official. The...

Strait of Hormuz Tensions Trigger Surge in U.S. Crude Demand as Empty Supertankers Head to American Ports

Business & Trade Roshan Abayasekara -
U.S. imports of Middle Eastern crude oil are set to hit about 600,000 barrels each day during August ’26....

Proposed Strait of Hormuz Shipping Agreement Sparks Global Concerns Over Tolls, Insurance and Vessel Access

Global Sharya Christiana -
A serious opposition has risen against the agreement that was proposed to restore commercial shipping through the Strait of...

Why Trump Dropped the 20% Hormuz Fee – But kept the Iran Blockade

Global Senuri Vithanage -
US President Donald Trump has dropped his plan to charge a 20% fee on cargo ships passing through the...

Strait of Hormuz Tensions Escalate After Tanker Incident Involving Iran, UAE and US

Lead_Story Senuri Vithanage -
The United Arab Emirates (UAE) has accused Iran of carrying out a missile attack on two of its oil...

US-Iran Conflict: US Agrees to Stand Down After Strikes

Global Senuri Vithanage -
The US and Iran have agreed to "stand down" after a recent exchange of strikes, according to media reports....
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G7 Signals Support for Canada as Major Energy Supplier Amid Efforts to Reduce Strait of Hormuz Dependence

Lead_Story Roshan Abayasekara -
Canada could ‘deliver significantly more capacity', G7 leaders say. Canada is poised to become a key and reliable energy supplier...

Is the Iran War Really Over? Trump Says a Deal Is Already Signed

Global Senuri Vithanage -
US President Donald Trump has revealed that he has already signed a preliminary agreement to end the conflict with...

Markets Rally as Oil Prices Tumble: Could a Strait of Hormuz Reopening End the World’s Worst Energy Supply Crisis?

Logistics Roshan Abayasekara -
Global crude oil prices tumbled, but stock markets rallied amid fresh hopes that a U.S.-Iran peace deal may end...

Helicopter Incident in Hormuz Raises Tensions Between U.S. and Iran

Global Senuri Vithanage -
The United States and Iran have exchanged military strikes after a helicopter incident near the Strait of Hormuz. Tensions...

Just When Peace Seemed Possible, U.S. and Iran Traded New Strikes

Global Senuri Vithanage -
The US military said it carried out what it described as “self-defence” strikes on Iran and intercepted ballistic missiles...

US and Iran Continue Talks Despite Fresh American Strikes Near Key Oil Route

Global Senuri Vithanage -
The US military says it carried out fresh strikes in southern Iran. The attacks targeted Iranian missile sites and...

UAE’s Eastern Ports Become Lifeline as Gulf Trade Surges Amid Strait of Hormuz Tensions

Logistics Roshan Abayasekara -
At the United Arab Emirates' (UAE) eastern seaport of Fujairah, conveyor belts offloaded grain bulk carriers on Wednesday, 6...

Red Sea and Hormuz Crises Accelerate the Rise of the Middle Corridor in Eurasian Logistics

Logistics Roshan Abayasekara -
The route has proven its value, especially at times of crisis. Can it evolve into a primary artery of...

Strait of Hormuz closure: impact on Kenya’s economy & political stability

Logistics Roshan Abayasekara -
Imagine two enemies in the same room. 1 holds the only key to the room. For weeks, the other...

Britain states 40 countries discuss reopening the Strait of Hormuz

Europe Roshan Abayasekara -
On Thursday, 2 April ’26, nearly 40 countries discussed joint action to reopen the Strait of Hormuz. Britain also...