Shipping traffic through the Strait of Hormuz has fallen to its lowest level in more than two months after a sharp increase in tanker attacks raised fresh concerns about the safety of the strategic energy corridor. Vessel Traffic Drops Sharply Data from shipping analytics firm Kpler showed that only seven commodity vessels passed through the […]
Iran and Oman are nearing an agreement on a temporary safe shipping corridor through the strategically vital Strait of Hormuz, with Tehran saying negotiations between the two coastal states have entered their final stage. Iranian Foreign Ministry spokesman Esmail Baghaei said Monday that discussions with Oman had been serious and productive. He said a joint […]
Attack near Oman raises fresh fears over maritime security despite fragile Iran ceasefire efforts The United Nations has temporarily suspended its ship escort and evacuation initiative through the strategically vital Strait of Hormuz after a cargo vessel came under attack near the coast of Oman, casting fresh doubt over efforts to stabilize one of the […]