Shipping
Iran threatens 'legal action' against South Korean shipping company in Strait of Hormuz
Tehran has sought to tighten its grip on the strategic waterway by attacking shipping there since US and Israeli airstrikes on Iran on February 28.
CENTCOM chief flies over Strait of Hormuz during Middle East visit, affirms waterway clear of mines
How could Israel help Saudi Arabia defend against the Houthis - and at what cost? - analysis
Iranian fishermen scramble for loot from sunken container ship after explosion
Fighting increases in Yemen as Houthis look to al-Mandab Strait as potential pressure point
The Houthis could still threaten the key Bab al-Mandeb Strait at the entrance to the Red Sea to reduce pressure on Iran.
Two sailors killed in Iranian attack on ship in Strait of Hormuz, Saudi Foreign Ministry says
Also on Wednesday, Iran's Islamic Revolutionary Guards Corps (IRGC) said that two oil tankers hit sea mines and were disabled while attempting to transit the Strait of Hormuz.
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
A US official confirmed to The Jerusalem Post that both inbound and outbound shipping lanes in the strait have been cleared of mines by US Central Command (CENTCOM).
Saudi vessel attacked in Red Sea, national shipping company confirms following Houthi claims
The Houthis have carried out attacks on Saudi oil facilities and shipping in the Red Sea in recent weeks, and they claimed to have targeted Saudi oil giant Aramco facilities in Yanbu in July.
Iran advances plan to charge vessels fees for Strait of Hormuz passage
Under Articles 38 and 44 of UNCLOS, Iran cannot suspend, impede, or charge tolls for vessels passing through the Strait of Hormuz.
Amazon struggles to win Israeli shoppers while Chinese e-commerce giants dominate
And it's not because it hasn't tried. In April 2019, Amazon reached out to Israeli sellers and invited them to join the Local Delivery program.
Strait of Hormuz traffic plunges as Iran, US blockades restrict energy shipments
A total of 89 vessels exited the strait while 103 entered over the seven-day period, the report, based on Automatic Identification System (AIS) data, showed.
South Korea ship to test Arctic commercial shipping route amid Western concerns
President Lee Jae Myung has made Arctic shipping a priority for South Korea, a shipping powerhouse. Officials say this could help transform Busan and position the Arctic as a regular trade route.
Oil tankers going dark to evade Iranian attacks raises major oil spill risk in Gulf - report
Three separate oil spills are already spreading through the Persian Gulf and the Gulf of Oman, putting multiple ecosystems at risk.
