A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — ReutersStrait of Hormuz shipping remains near standstill after fighting.Tanker traffic disrupted as shipowners assess security risks.Hormuz handled about 20% of global oil, gas…
Related Posts
US-Israel war with Iran sends shockwaves through global business
A drone view of an Evergreen container ship docked at the port of Umm Qasr during nighttime operations in Basra, Iraq, March 5, 2026. — Reuters
The US-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials…
Trump says he will raise tariffs on EU autos to 25%
US President Donald Trump speaks to the press at Trump Tower in New York City, US, September 26, 2024. — ReutersEU officials slam move as arbitrary, warn of firm response.Shares of Ford, Stellantis, GM down after announcement.Move to force EU car makers to move factory to US:…
Govt mulls shipping options as Iran allows limited Hormuz passage
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. — ReutersTwo Pakistan-flagged ships allowed daily…