4 stories found
Seafarers have the right to refuse to sail on ships passing through the Middle East Gulf, including the Strait of Hormuz, after the threat level for the region was raised to its highest level, the leading labour union and shipping industry groups said on Thursday. FRANCE 24's Sharon Gaffney speaks with Michael Tamvakis, Professor of Commodity Economics and Finance at the Bayes Business School, City University London.
Trump warns Iran missiles could "soon reach" U.S. as tensions escalate. Iran's current arsenal threatens American forces across Middle East Gulf bases.
Skuld and Gard have decided to cancel war risk insurance for ships amid the Iran and Middle East Gulf conflict.
At least 150 tankers, including crude and LNG vessels, dropped anchor in open Gulf waters beyond the Strait of Hormuz and dozens more were stationary on the other side of the chokepoint, shipping data showed on Sunday, after U.S. and Israeli strikes on Iran plunged the region into turmoil. The tankers were clustered in open […]