MR2 demand holds steady, LR2 at dataset lows Comparing post-conflict (March 2026) CPP tonne-miles against an uneventful 2019 baseline, the demand picture looks healthy for MR2s. Larger vessels have not fared as well, posting consecutive losses and a dataset low (-35% from 2025 average level) every month from April to August. This is mostly unsurprising,…
A senior US Embassy delegation in Israel, led by Acting Economic Counselor Wendy Nassmacher, visited the Upper Galilee yesterday for an intensive program focused on strengthening US-Israel economic cooperation, supporting the region’s recovery and long-term growth, and exploring new opportunities in industry, healthcare, innovation, tourism, agriculture, and regional development. The visit brought the American delegation…
Donald Trump has announced a new campaign to isolate Iran’s economy, threatening “tremendous economic consequences” on any country that helps or does business with Tehran, a move that could set up a fresh confrontation with China if implemented. “Today, I am announcing the most crushing economic operation ever taken against any country!” Trump wrote on…
United States President Donald Trump has announced what he called the “most crushing economic operation” against Iran, as Washington ramps up pressure on Tehran amid a deadlock in talks to end the war between the two countries. In a post on Truth Social on Wednesday, Trump said Iran has “failed to take” the opportunity to…
(JNS) Since Monday, Aug. 10, the Arab village of Qusra in Area B of Samaria, under Israeli security control and Palestinian Authority municipal control, has emerged as a flashpoint after Israeli civilians established themselves in a makeshift encampment near Palestinian homes on the outskirts of the village. The Israel Defense Forces spokesperson told JNS that…
Thai police launched a sweeping operation against foreign business networks suspected of using Thai citizens as nominee shareholders to conceal foreign ownership of companies, land and restricted businesses, with arrest warrants issued for 20 Israelis on Koh Samui, Walla reported on Wednesday. The Koh Samui Provincial Court issued warrants for the Israelis as part of…
Dr. Shmuel Harlap, one of Israel’s most prominent business figures, has died at the age of 82. Harlap served, among other roles, as chairman of Colmobil, Israel’s largest vehicle importer. According to a statement issued to the media, “His story is exceptional in the Israeli business landscape because of the combination of academia and philosophy,…
The United Arab Emirates announced an indefinite trade embargo on Iran on Wednesday, accusing Iranian forces of firing two ballistic missiles at its territory. Iran denied launching missiles and described the reported attack as a “false flag operation” by Israel and the United States. The UAE’s embargo has been described as highly significant by analysts,…
4 US-Israel-Iran War Latest News: The United Arab Emirates has suspended all trade, commercial exchanges and financial transactions with Iran until further notice, marking a fresh escalation in tensions between the two Gulf neighbours. The UAE announced the move after saying its air-defence systems detected two ballistic missiles launched from Iran and assessed that they…
The United Arab Emirates has suspended “all trade, commercial exchange and financial transactions with Iran” after the Islamic Republic attacked a number of UAE-owned tankers and rejected new talks with the United States, the UAE’s Foreign Ministry announced late on Monday night. Only shortly before the UAE Foreign Ministry’s Director of Strategic Communications Afra Al…
