live U.S.-Iran standoff continues as Hormuz shipping and diplomacy remain uncertain
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to res...
Beijing and Washington are expected to extend their ongoing tariff truce by another three months as they prepare for a fresh round of trade negotiations in Stockholm, beginning on Monday. This is according to a report published by the South China Morning Post (SCMP) on Sunday.
Beijing and Washington are expected to extend their ongoing tariff truce by another three months as they prepare for a fresh round of trade negotiations in Stockholm, beginning on Monday.
This is according to a report published by the South China Morning Post (SCMP) on Sunday, which cited individuals familiar with the matter.
The temporary suspension of new tariffs has been a key element in stabilising relations between the world’s two largest economies, amid persistent tensions over trade imbalances, technology transfers, and market access.
An extension of the truce would give both sides more time to iron out differences and work towards a broader and more sustainable agreement.
While details of the proposed extension have not been officially confirmed, the SCMP report suggests that negotiators are cautiously optimistic about making incremental progress during the talks in the Swedish capital.
The meeting is seen as part of broader efforts to maintain dialogue and avoid further escalation in the long-running trade dispute.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
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Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
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