On May 5, Anadolu news agency reported that Iranian Parliament Speaker Mohammad Bagher Ghalibaf declared a “new front” is forming in the Strait of Hormuz. In a post on social network X, Mr. Ghalibaf said that maritime security and energy transportation through the Strait of Hormuz have been affected by the US and its allies….
A new map featuring two red lines stretching beyond the Strait of Hormuz has become the latest symbol of the escalating war of attrition between Iran and the US. Iran’s Revolutionary Guard Corps (IRGC) on Monday released a map marking an expanded maritime area of control to include lengthy sections of the United Arab Emirates’s coastline. In…
Tensions in the Gulf have spiralled this week after the United States and Iran both claimed to have fired on and damaged each other’s ships despite a ceasefire in the US-Israel war on Iran. After US President Donald Trump announced a US plan to “guide” ships stranded in the Gulf out through the Strait of…
[Editor’s Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.] Two months into heightened regional disruption, the UAE is leaning on decades of strategic planning, infrastructure investment and policy agility to safeguard supply chains and maintain strong economic momentum, senior officials said during a high-level panel discussion….
As disruption in the Strait of Hormuz pushes governments and businesses to seek alternative routes, Syria is re-emerging as a potential trade corridor, linking Iraq to the Mediterranean and the Gulf to Europe. Syria’s interim president, Ahmad Al-Sharaa, said earlier this month that the country’s geography makes it a “safe corridor” and an “alternative route”…
United States Treasury Secretary Scott Bessent has accused China of “funding the largest state sponsor of terrorism”, referring to Iran, saying that Beijing should help Washington in efforts to reopen the Strait of Hormuz. Bessent’s blunt criticism of China’s relations with Iran on Monday comes ahead of US President Donald Trump’s expected visit to Beijing…
The Global Economic Shock of the U.S.-Israel-Iran Conflict: Energy, Logistics, and the Fragility of Globalization The Middle East has long occupied a strategic position at the center of the global energy system and maritime trade routes. Throughout modern economic history, geopolitical tensions in this region have repeatedly demonstrated their ability to ripple through the global…
US guided-missile destroyers have begun escorting ships through the Strait of Hormuz under ‘Project Freedom’, announced by President Trump as a humanitarian effort to free stranded vessels. Iran has warned any foreign military entering without coordination will be targeted, with conflicting reports of missile incidents denied by the US. The operation risks undermining a fragile…
What Happened? Shares of freight transportation intermediary C.H. Robinson CHRWfell 8.9% in the morning session after Amazon announced it was officially opening its extensive supply chain network to businesses outside its own marketplace, creating a significant new competitor. The new offering made Amazon’s transportation, fulfillment, and parcel delivery network available to all businesses. This development…
For Israeli companies exploring new markets, timing is often the hardest call to make. Move too early, and you absorb the risk. Move too late, and the opportunity is already taken. For firms facing increasingly competitive and saturated traditional markets, the question is no longer whether to expand, but where, and how fast. Right now,…
