Dubai-based port operator DP World is reportedly planning a new multipurpose port and container terminal on the UAE’s east coast in Fujairah, aimed at reducing reliance on the Strait of
Global crude oil prices climbed to their highest level in around one month on July 14 as renewed military tensions between the United States and Iran increased fears of disruption
Saudi Arabia is considering a major expansion of its East-West crude oil pipeline to increase the volume of oil that can reach the Red Sea without passing through the Strait
Musandam, Oman: Hotels in Oman’s Musandam Peninsula, particularly Atana Khasab and Atana Musandam, are gaining popularity for offering rooms with stunning views of the Strait of Hormuz at affordable rates
Tehran: Iran has announced a 60-day waiver of transit fees for ships passing through the Strait of Hormuz under the Islamabad MoU. The Supreme National Security Council stated that the
Washington and Tehran have finalized a historic peace deal, ending years of conflict between the United States and Iran. The agreement allows for the immediate reopening of the Strait of
Karachi: Pakistan has moved to secure additional liquefied natural gas (LNG) from the international spot market amid ongoing disruptions linked to tensions around the Strait of Hormuz. Pakistan LNG Limited
