A projectile hit a cargo ship in the Strait of Hormuz, setting the vessel ablaze after the United States targeted Iranian mine-laying vessels that could target the narrow mouth of the Persian Gulf.
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Donald Trump issues a stark warning to Iran over the Strait of Hormuz, saying the US would respond ’20 times harder’ to any attempt to halt oil tankers.
As oil prices surge amid the conflict in Iran, an economist at Western Washington University says the pain drivers are feeling at the pump could soon spread to ...
The country found a home in the Middle East for its investments and growing markets for steel, electric vehicles and solar panels. Those are now at stake.
Freightos (CRGO) poised to gain from Iran War air cargo disruption as rates surge; GBV tops $1.5 billion by 2026 and EBITDA breakeven.
QINGDAO CITY, SHANDONG PROVINCE, CHINA, March 9, 2026 /EINPresswire.com/ -- The global semi-trailer market has entered ...
As the U.S.-Israeli assault on Iran enters a second week, the war’s economic casualties extend well beyond the oil and natural gas shipments that normally transit the Strait of Hormuz. The closure of ...
Whoever controls the Strait of Hormuz, off the coast of Iran, controls nothing less than the sole maritime gateway for most of the Persian Gulf’s oil riches to the world.
Part of the reason central banks were able to hike rates so aggressively in 2022 was that governments stepped in with vast fiscal stimulus. The US was still riding the tailwind of Covid-era cash ...
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