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DEFENSE ALLIES SHIPPING ROUTES
F-35 parts were sent from Australia to Hong Kong: How a shipping error put sensitive US stealth technology near ChinaA shipment containing sensitive F-35 components was mistakenly routed through Hong Kong due to a communication failure. The parts were init...- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
- Rubio says US pressure on NATO allies to boost defense spending is 'not hostile'During his visit to Portugal, U.S. Secretary of State Marco Rubio reiterated the urgency for NATO allies to bolster their defense expenditu...
- Attack risks rise for tankers as Iran vows to block more Hormuz routesTankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...
- Houthis claim new attack against airport in Saudi capital as witness reports evacuationSeveral explosions were heard in Saudi Arabia's capital Riyadh on Thursday, including a large blast at King Khalid International Airport, a...
- Conflicts in West Asia and Persian Gulf claimed 11 Indian seafarers' lives: GovernmentConflicts in West Asia and the Persian Gulf have led to the deaths of 11 Indian seafarers. The Indian government successfully repatriated 4...
- Iranian official says 'illegal routes' in Strait of Hormuz to soon be blockedIran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...
- Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...
- Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...
- Ships take long way around as drought snarls Panama CanalThe month of August and September witnessed an impressive 70% rise in maritime traffic transiting the Strait of Magellan. This surge is pri...
- Need to have multiple routes under IMEC: French Special envoyGérard Mestrallet emphasized the significance of developing diverse routes for the India-Middle East-Europe Economic Corridor, especially i...
- Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
- The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
- Dibrugarh sends first international cargo from Bogibeel to Bangladesh since IndependenceA momentous occasion unfolded as the cargo vessel 'DLB Patkai' set sail from Bogibeel Terminal in Dibrugarh, heading to Dhaka. This signifi...
- US military says latest strike on alleged drug-smuggling boat in the Caribbean kills 4The U.S. military recently conducted an attack on a suspected drug smuggling boat in the Caribbean Sea. This strike resulted in the deaths ...
- Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
- Saudi Arabia plans assault on Houthis to break Red Sea chokeholdSaudi Arabia is preparing for an offensive against Houthi militants in Yemen, focusing on securing the Bab el-Mandeb Strait. The operation ...
- Putin sees ‘very big potential’ in India ties, backs joint use of global trade corridorsVladimir Putin highlighted significant potential for economic collaboration with India, particularly in transport and shipping corridors. H...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- Iran awaits US response on Strait of Hormuz plan after Trump reportedly rejects dealIran awaited a US response to its proposal to reopen the Strait of Hormuz and halt fighting across the Middle East, after the Wall Street J...
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