Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz
Oman’s fee proposal for the Strait of Hormuz sparks hope and rejection, putting Iran’s control and Gulf trade at a crossroads.
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Oman’s fee proposal for the Strait of Hormuz sparks hope and rejection, putting Iran’s control and Gulf trade at a crossroads.
Global shipping is facing critical instability as threats mount against the Strait of Hormuz and Red Sea lanes.
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French shipping giant CMA CGM is acquiring FedEx Supply Chain for $1.4 billion to expand its North American logistics footprint.
Mines in the Strait of Hormuz threaten to disrupt shipping for months
Iran is claiming exclusive control over shipping routes in the Strait of Hormuz following a ship incident near Oman.
Oil prices are rising as an Iranian attack on a cargo ship in the Strait of Hormuz halts UN evacuation and escort operations.
Maritime traffic in the Strait of Hormuz is fluctuating as Iran asserts control over the waterway amidst nuclear monitoring disputes and regional conflict.