A shutdown of one of the world’s most critical maritime corridors could disrupt supply chains, spike freight costs, and ripple across inflation and growth globally.
Sea-Intelligence says the Hormuz blockade created a localized "volume shock," unlike the global transit delays caused by Red ...
Recent years have been rough for ocean freight forecasting. This year is no exception. Just a few months into 2025, and the market is already shaping up to be one of the most unpredictable, and ...
Saudi Arabia is offering long-term customers the option of receiving their crude supply for April through the Yanbu Port on the Red Sea, Bloomberg News reported, offering an alternate route as the ...
Researchers at KAUST have confirmed that the Red Sea once vanished entirely, turning into a barren salt desert before being suddenly flooded by waters from the Indian Ocean. The flood carved deep ...
African economies are already paying for a Gulf crisis that has not fully erupted. The Strait of Hormuz remains open, but tanker interceptions, vessel seizures and rising insurance costs are pushing ...
Saudi Arabia is giving long-term oil customers the option of receiving their allocations for April via the Red Sea port of Yanbu as it prepares for lengthy disruptions in the Strait of Hormuz. Buyers ...