Two ships have sunk near the strategically important Strait of Hormuz after being struck by projectiles, according to a Reuters report published on October 14, 2026. The incidents come amid a surge in attacks on commercial shipping, raising fresh concerns about maritime security and the safety of vessels navigating one of the world’s most critical […]
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 […]
U.S. President Donald Trump has abandoned his proposal to impose a 20% transit fee on ships passing through the Strait of Hormuz, announcing instead that the United States will pursue trade and investment agreements with Gulf nations as compensation for Washington’s role in securing one of the world’s most strategically important maritime routes. The policy […]