Clean Tankers Under Pressure Amid Persistent Conflicts

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,…

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US Embassy delegation visits Upper Galilee to boost economic ties

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…

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Trump threatens Iran’s trade partners, as military strikes make way for economic pressure | US-Israel war on Iran

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…

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UAE trade embargo could shut Iran’s key economic escape route: Here’s why | US-Israel war on Iran News

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,…

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