Following U.S. military strikes on Iran, at least two supertankers reversed course near the Strait of Hormuz, reflecting heightened fears of disruption in one of the world’s most vital oil shipping lanes.
Recent U.S. strikes on Iran have raised concerns over the security of the Strait of Hormuz, a key maritime chokepoint through which about 20% of global oil and gas supplies pass. As tensions rise, at least two supertankers temporarily changed course near the strait, according to shiptracking data.
Fears that Iran might retaliate by closing the strait have pushed oil prices to five-month highs and caused tanker freight rates to more than double in a week. Tanker operators are now adjusting routes, pausing near Oman, or minimizing time inside the Gulf.
Meanwhile, shipping activity in the region has decreased—entry of empty tankers into the Gulf has dropped 32%, and departures of loaded vessels are down 27% compared to early May.
Some Japanese and Taiwanese companies said their ships are still transiting the strait but with stricter safety protocols. Iran's parliament has passed a measure to close the waterway, though any action would need approval from its top security body. Historically, Tehran has threatened closures but never implemented them.
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Turkish construction giants Kalyon Insaat and Cengiz Insaat will take part in the modernisation and expansion of Damascus International Airport, a project also involving Qatari firm UCC, US-based Assets Investments, the Syrian Finance Ministry, and the Syrian Civil Aviation General Authority.
As the Trans-Caspian Transport Corridor (TCTC) gains renewed momentum, Central Asia and the European Union (EU) are working to turn long-standing connectivity ambitions into concrete trade routes, investment deals and infrastructure upgrades.
U.S. Secretary of Defense Pete Hegseth visited sailors aboard the USS Gerald R. Ford aircraft carrier in the Latin American region on Thursday, amid a military buildup by President Donald Trump’s administration that has heightened tensions with Venezuela.
Former Transport Minister Jose Luis Abalos was taken to Soto del Real prison on Thursday following a ruling by Spain’s Supreme Court ordering his pre-trial detention over a corruption scandal that has embroiled Prime Minister Pedro Sanchez’s left-wing government.
massive fire that swept through the Wang Fuk Court housing complex in Hong Kong’s northern district of Tai Po has claimed 83 lives, with nearly 300 residents initially reported missing, authorities confirmed on Thursday.
A passenger aircraft from Polish carrier LOT veered off a taxiway at Lithuania's Vilnius airport after arriving from Warsaw on Wednesday, halting all traffic, the airport operator said.
At least 36 people have died in a fire that ravaged a residential apartment complex on Wednesday according to John Lee the chief executive of Hong Kong.
Netflix crashed on Wednesday for about an hour in the U.S. as it launched season five of "Stranger Things", with the service becoming inaccessible to many subscribers within minutes of the episodes going live at 8 p.m. local time.
Thousands of Bulgarians took to the streets of Sofia on Wednesday to protest against the government’s draft budget for 2026, the first to be prepared in euros ahead of the country’s planned eurozone entry on 1 January 2026.
The wife and son of former Brazilian President Jair Bolsonaro visited the jailed right-wing leader at the Federal Police facilities in Brasília on Thursday, 27 November, following a Supreme Court order for him to begin a 27-year, three-month prison sentence.
Hungarian Prime Minister Viktor Orban said on Thursday (27 November) that his country will hold talks on Friday aimed at securing sufficient Russian crude oil and gas supplies.
U.S. Secretary of Defense Pete Hegseth visited sailors aboard the USS Gerald R. Ford aircraft carrier in the Latin American region on Thursday, amid a military buildup by President Donald Trump’s administration that has heightened tensions with Venezuela.
Former Transport Minister Jose Luis Abalos was taken to Soto del Real prison on Thursday following a ruling by Spain’s Supreme Court ordering his pre-trial detention over a corruption scandal that has embroiled Prime Minister Pedro Sanchez’s left-wing government.
massive fire that swept through the Wang Fuk Court housing complex in Hong Kong’s northern district of Tai Po has claimed 83 lives, with nearly 300 residents initially reported missing, authorities confirmed on Thursday.
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