Latest International Shipping News & Updates

Washington, May 6 (IANS) US Secretary of State Marco Rubio warned that Iran’s actions could trigger broader economic instability as the increasing tensions in the Strait of Hormuz and fears of prolonged disruption to one of the world’s busiest energy corridors are increasing pressure on global oil markets.At the White House news conference , Rubio said Iran’s attempts to control shipping through the Strait of Hormuz threatened fuel supplies, global trade and international shipping lanes re…

Washington, March 18 (IANS) US forces have carried out fresh strikes on Iranian missile positions along the Strait of Hormuz, targeting what military officials described as a direct threat to international shipping, as Operation Epic Fury intensifies.US Central Command (CENTCOM) said the strikes involved “multiple 5,000-pound deep penetrator munitions” against “hardened Iranian missile sites along Iran’s coastline near the Strait of Hormuz.” It added that “the Iranian anti-ship cruis…