Strait Of Homurz
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Suez Canal Transit Fee Is Legal, Hormuz Toll Is Not. Here's Why
The United Nations Convention on the Law of the Sea (UNCLOS), which governs international sea law, says that countries bordering straits cannot demand payment simply for permission to pass through.
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"Oil Will Flow, With Or Without Iran": Trump Warns Against Hormuz Toll
Tehran had agreed to allow passage of vessels through the crucial 167-kilometre (104-mile) strait between the Gulf and the Indian Ocean as part of a two-week ceasefire. But just 10 vessels have passed through since the Middle East war ceasefire took
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'Pay To Pass': Is Iran Turning Strait Of Hormuz Into A Toll Route?
Oman said it had held talks with Iran on options to ensure smooth transit through the Strait of Hormuz but did not confirm any agreements so far.
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A Warning From 1991: Is India's Next Big Shock Hiding In Its Oil Bill?
What has economists invoking 1991 is not just expensive oil, but a dangerous convergence of risks. A swelling import bill is colliding with the possibility that capital inflows, long a cushion, could turn into outflows.
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US Troop Movements Fan Fears Of A Risky Ground Attack On Iran
While Trump hasn't announced his plans, people familiar with the matter report that the Pentagon has ordered greater military presence in the region.
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Kenya Flower Industry Loses $1.4 Million Weekly Due To US-Iran-Israel War
While the Middle East isn't Kenya's main export market for flowers, the US-Iran war has disrupted its cargo freight to Europe, leading to huge losses.
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'Will Destroy World Economy': Iran Threatens Prolonged War With US
Iran warned it could wage a prolonged war with the United States and Israel that would "destroy" the world economy, even as US President Donald Trump said late Wednesday the Islamic republic was facing imminent defeat.
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700 Tankers Jam Strait Of Hormuz: Will India Be Forced To Ration Fuel?
US President Donald Trump has warned Iran conflict could last "weeks, not days," raising the prospect that India may soon have to balance fuel security at home.
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Iran War Risk: London Insurers Won't Cover Ships, What Do They Know That We Don't?
A major spill in the Gulf or Strait of Hormuz could cost between $860 million and $1.6 billion with no credible insurer to pay. Sanctions exposure also gives underwriters grounds to deny claims.
-
Suez Canal Transit Fee Is Legal, Hormuz Toll Is Not. Here's Why
The United Nations Convention on the Law of the Sea (UNCLOS), which governs international sea law, says that countries bordering straits cannot demand payment simply for permission to pass through.
-
"Oil Will Flow, With Or Without Iran": Trump Warns Against Hormuz Toll
Tehran had agreed to allow passage of vessels through the crucial 167-kilometre (104-mile) strait between the Gulf and the Indian Ocean as part of a two-week ceasefire. But just 10 vessels have passed through since the Middle East war ceasefire took
-
'Pay To Pass': Is Iran Turning Strait Of Hormuz Into A Toll Route?
Oman said it had held talks with Iran on options to ensure smooth transit through the Strait of Hormuz but did not confirm any agreements so far.
-
A Warning From 1991: Is India's Next Big Shock Hiding In Its Oil Bill?
What has economists invoking 1991 is not just expensive oil, but a dangerous convergence of risks. A swelling import bill is colliding with the possibility that capital inflows, long a cushion, could turn into outflows.
-
US Troop Movements Fan Fears Of A Risky Ground Attack On Iran
While Trump hasn't announced his plans, people familiar with the matter report that the Pentagon has ordered greater military presence in the region.
-
Kenya Flower Industry Loses $1.4 Million Weekly Due To US-Iran-Israel War
While the Middle East isn't Kenya's main export market for flowers, the US-Iran war has disrupted its cargo freight to Europe, leading to huge losses.
-
'Will Destroy World Economy': Iran Threatens Prolonged War With US
Iran warned it could wage a prolonged war with the United States and Israel that would "destroy" the world economy, even as US President Donald Trump said late Wednesday the Islamic republic was facing imminent defeat.
-
700 Tankers Jam Strait Of Hormuz: Will India Be Forced To Ration Fuel?
US President Donald Trump has warned Iran conflict could last "weeks, not days," raising the prospect that India may soon have to balance fuel security at home.
-
Iran War Risk: London Insurers Won't Cover Ships, What Do They Know That We Don't?
A major spill in the Gulf or Strait of Hormuz could cost between $860 million and $1.6 billion with no credible insurer to pay. Sanctions exposure also gives underwriters grounds to deny claims.
