Tag: Iran

2026 air cargo rates could rise 15% due to Iran war impacts

Long-term contract rates businesses pay to move air freight are expected to rise 5% to 15% this year, instead...

Iran Threatens Wider Energy Chokepoints After Fresh U.S. Strikes

By Enas Alashray and Tala Ramadan CAIRO/DUBAI, July 15 (Reuters) – The U.S. conducted a new wave of strikes against Iran’s coastal defense systems and...

U.S. Restores Iran Shipping Blockade as Hormuz Crisis Deepens

The United States is reinstating its maritime blockade on Iran, marking a sharp escalation in tensions across the Middle...

Iran conflict drives up Asia-US container rate by 276%

It’s a good sign that, after months of supply chain anxiety driven by tariffs and the Strait of Hormuz,...

Container ship attacked in Strait of Hormuz as Iran widens war

Iran targeted a container ship in the Strait of Hormuz as it widened its war with the United States...

IMO Warns Ships to Avoid Strait of Hormuz After U.S. Strikes Iran

The security situation in the Strait of Hormuz has taken another dangerous turn after the United States launched fresh...

Trump Declares Iran Ceasefire Over as U.S. Unveils New Sanctions

Treasury targets financier tied to Iran’s leadership and exchange houses after renewed attacks on commercial shipping in the Strait...