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Shipping
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Iran's state TV said Tehran had obtained a draft of an initial, unofficial framework for a memorandum of understanding with the United States on ending their conflict.27 May 2026-16:47
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For centuries, control over trade routes has shaped the rise and fall of empires, determined economic power, and influenced global politics. Today, maritime trade remains the foundation of the world economy, with roughly 80 to 90 percent of global trade moving through sea routes.19 May 2026-23:29
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On Tuesday, the US Department of the Treasury announced new sanctions targeting 12 individuals, 29 entities, and 19 vessels connected to Iran, as part of its widening “Economic Fury” campaign against Tehran.19 May 2026-21:10
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Iran and Oman have initiated high-level technical negotiations aimed at establishing a new framework to ensure safe maritime transit through the highly strategic Strait of Hormuz.18 May 2026-11:58
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A number of Chinese vessels have begun transiting the Strait of Hormuz under Iranian management protocols following a decision by the Islamic Republic, according to an informed source.14 May 2026-15:16
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Trump Mobile has officially begun shipping its long-delayed T1 smartphone, nearly a year after the gold-colored Android device was first announced.14 May 2026-14:28
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Iranian Foreign Minister Abbas Araghchi has said the Strait of Hormuz remains open to all commercial vessels, but stressed that shipping traffic must cooperate with Iranian naval forces.14 May 2026-11:40
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Qatari LNG tanker Al Kharaitiyat was sailing towards the Strait of Hormuz on Saturday after departing Qatar's Ras Laffan en route to Port Qasim in Pakistan, according to LSEG shipping data.09 May 2026-21:16
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