Iran, Strait of Hormuz
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Iran’s push to charge merchant shippers for passage through the Strait of Hormuz under threat of violence could spread to other parts of the world, maritime experts said this week. The problem arises if there is any normalization of Iran’s actions in creating a passageway that requires ships to provide their information,
Democratic Rep. Greg Stanton (Ariz.) cast doubt on the suggestion that China would place pressure on Iran to reopen the Strait of Hormuz as President Trump met with Chinese President Xi Jinping in
The United Arab Emirates will accelerate construction of a new oil pipeline to double its export capacity via the port of Fujairah by 2027, the government’s Abu Dhabi Media Office said on Friday, vastly expanding its ability to bypass the Strait of Hormuz.
India urged BRICS nations to ensure safe maritime movement through the Strait of Hormuz and Red Sea as tensions between Iran and the UAE escalated during the BRICS foreign ministers’ meeting.
Addressing a press conference on the sidelines of the BRICS Foreign Ministers’ Meeting, Araghchi said Iran was ready to ensure safe maritime movement through the strategically crucial Strait of Hormuz.
From Diet Coke to bags of chips, the ongoing closure in the Strait of Hormuz is affecting some of consumers' favorite items across the globe.
The increase in traffic and revenue generated through the auctions suggests revenue growth for the Panama Canal could reach between 10% and 15%, officials say.
By Liz Lee and David Lawder BEIJING/WASHINGTON, May 15 (Reuters) - China wants to see the Strait of Hormuz reopen without curbs or tolls, U.S. Trade Representative Jamieson Greer told Bloomberg News in a live interview on Friday,