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The weekend peace talks between the United States and Iran have concluded without an agreement. The two‑week ceasefire set to expire on April 22 and there have been no indications that negotiations will resume. In...

Ongoing instability in the Middle East continues to place pressure on global fuel markets and shipping operations. As reported by ShippingWatch, Brent crude oil prices have climbed above the USD 100 mark for the first time...

The February 28 strikes on Iran prompted an immediate collapse in commercial transits through the Strait of Hormuz, cutting off Persian Gulf ports from global container networks and triggering widespread disruption across the global energy and containerized...

Global air cargo markets experienced a sharp contraction in the week ending March 8, according to data from WorldACD. Overall volumes declined -4% week-over-week and -12% year-over-year, indicating the widening impact of Middle East airspace...

Iran’s newly installed supreme leader has vowed to continue blocking the Strait of Hormuz in retaliation for U.S.–Israeli strikes, turning a critical maritime chokepoint into a strategic pressure point. The closure of this narrow waterway, through which...

Fuel prices are climbing as the conflict in the Middle East enters its second week, raising concerns across global energy and transportation sectors. As a major producer and exporter of crude oil and refined fuels,...

The latest escalation in Middle East tensions has dealt a significant setback to the container sector’s gradual return to the Red Sea, intensifying pressure on already strained global trade corridors. Following the February 28 military...

The U.S. Supreme Court has ruled against the International Emergency Economic Powers Act (IEEPA), invalidating the sweeping tariffs imposed by the U.S. administration on imports under this law. As reported by NPR, the Court held...