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Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Sourcing Journal on MSN17h
Amid Israel-Iran Tensions, Shipping Slows Down in Strait of Hormuz
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
Oil tankers collide in Strait of Hormuz during Middle East conflict
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...
UK Navy Issues Rare Warning to Ships Near Vital Hormuz Strait
The UK Navy issued a rare warning to mariners that higher tensions in the Middle East could impact shipping, including ...
Insurance Business America23h
Two tankers ablaze after incident near Strait of Hormuz
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
What happens if Iran shuts Strait of Hormuz? Artery of global oil turns into ticking time bomb
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
The Financial Express1d
Govt. to consult shipping lines and other trade stakeholders to assess impact of Israel-Iran war
As the Israel-Iran conflict threatens key shipping lanes like the Strait of Hormuz and Red Sea, the Indian government will ...
Why the Strait of Hormuz is now a major focus of worry for oil prices and the global economy
Israel’s military strikes against Iran were roiling global financial markets on Friday, raising concerns that Tehran could possibly retaliate by targeting shipping through the Strait of Hormuz — one ...