In a dramatic twist, two oil tankers carrying Saudi crude for China and India executed unexpected U-turns in the Red Sea on Tuesday, steering toward the Suez Canal. This strategic diversion was captured by shipping data from LSEG, and it followed a declaration by Yemen’s Houthi militia of a naval blockade against Saudi ports. This…
Israel Aerospace Industries (IAI) announced Brigadier-General (ret.) Guy Barlev as its new CEO on Tuesday, with the decision now pending government approval. “We are proud to announce the conclusion of a structured, in-depth, and thorough process by the search committee, tasked with selecting a CEO for IAI,” said Boaz Levy, IAI Chairman of the Board…
Image for representation purposes only Yemen’s Iran-backed Houthi rebels on Monday announced a maritime embargo against Saudi Arabia, saying they would block Saudi shipping through the Bab el-Mandeb Strait in response to what they described as the kingdom’s long-running blockade of Yemen and a recent attack on Sanaa International Airport. The announcement has raised concerns…
The United States and Jordan have signed a new reciprocal trade agreement aimed at strengthening economic ties, expanding market access, and deepening strategic cooperation between the two countries. The agreement was signed by US Trade Representative Greer and Jordanian Minister of Industry, Trade, and Supply Yarub Qudah following an announcement by President Trump. It builds…
14 US President Donald Trump has warned that the United States will “take care of business” if Yemen’s Houthi rebels attempt to block shipping through the Red Sea, amid renewed concerns over maritime security in one of the world’s busiest trade routes. Trump’s remarks came after several commercial tankers reportedly made U-turns in the Red…
Two oil tankers that loaded Saudi crude for China and India made U-turns in the Red Sea on Tuesday and headed toward the Suez, according to shipping data on LSEG, following a warning from the Houthis. Shipping companies should not load or discharge cargo at Saudi Arabian ports, and such activity may result in being…
Luxembourg, Ireland and all European Union (EU) member states must stop the sale of Israel Bonds in the EU or risk complicity in Israel’s ongoing genocide against Palestinians in the Gaza Strip, Amnesty International said in a public statement issued today. “Israel has become increasingly reliant on foreign investments to finance its genocide, apartheid and unlawful occupation…
Editor’s note: Muhammad Asif Noor is the founder of the Friends of BRI Forum, an adviser to the Pakistan Research Center at Hebei Normal University in China, and a co-founder of the Alliance of China-Pakistan Research Centers. The views expressed in this article are those of the author and do not necessarily reflect the views…
BAKU, Azerbaijan, July 21. Cargo flows across Eurasia are likely to become more diversified rather than shift entirely to single transport corridor, ITF told Trend. “Some cargo could move towards Persian Gulf ports, particularly lower-value, bulk or less time-sensitive goods,” the representative said, answering a question on whether lasting peace between the United States and…
Amnesty International has issued a warning to European Union member states, including Luxembourg, over the continued authorisation of trading so-called “Israel bonds”. According to the human rights organisation, countries that permit the sale and purchase of these financial instruments risk becoming complicit in facilitating what Amnesty describes as a genocide in Gaza. Currently, trading in…
