live Iran closes Strait of Hormuz again over U.S. blockade, state media says- Saturday 18 April
Iran's Islamic Revolutionary Guards Corps (IRGC) said in a Saturday statement that the Strait of Hormuz has...
Finnish power grid operator Fingrid and its Estonian partner Elering have agreed to forgo seizing the Cook Islands-registered Eagle S oil tanker, which is accused of damaging a Baltic Sea power cable in December.
The decision comes as part of a broader effort to rapidly restore service on the compromised Estlink 2 interconnector.
The Eagle S was boarded by Finland’s coast guard on December 26 and remains anchored in a Finnish bay while investigations continue into the incident, which involved not only the breach of the power cable but also the damage of four fibre-optic internet lines. Fingrid stated that the cost of taking over and maintaining the vessel would likely exceed its value. Instead, the companies plan to seek compensation through legal action.
“At this stage, Fingrid and Elering will pay the repair costs to make the (Estlink 2) interconnector available as quickly as possible,” the operator said in a statement on Sunday.
The decision highlights the ongoing challenges facing the Baltic Sea region, which has experienced a series of outages affecting power cables, telecommunications links, and gas pipelines since Russia’s invasion of Ukraine in 2022. In response, NATO has increased its presence in the area with additional frigates, aircraft, and naval drones.
The waiver of the seizure reflects a calculated move by the grid operators, prioritizing swift restoration of critical infrastructure over the potential administrative and financial burdens of maintaining the stranded vessel. Further investigations into the breach are expected to continue as authorities work to determine the full extent of the damage and liability.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Iran's Islamic Revolutionary Guards Corps (IRGC) said in a Saturday statement that the Strait of Hormuz has returned to its "previous state" under the control of its "armed forces," citing the ongoing U.S. blockade on Iranian ports.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war against Iran on Friday (17 April).
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) deal to supply Australia with warships, Tokyo's most consequential military sale since ending a military export ban in 2014.
Leaders from across Europe and beyond gathered in Paris on Friday for a summit aimed at managing the global impact of the Middle East conflict.
European leaders have set out plans for a coordinated defensive mission to restore freedom of navigation in the Strait of Hormuz, once security conditions allow, following talks involving more than 40 countries.
NeaNearly 900 Rohingya refugees were reported missing or dead in the Andaman Sea off Myanmar in 2025, making it the deadliest year on record, the United Nations Refugee Agency said on Friday.
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