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Iran says Strait of Hormuz passage to be ensured after US pauses operation

Israel war on Iran. ‌One ship, the CMA CGM Kribi, exited the Strait of Hormuz at the start of April. ## Lost revenues The prolonged disruption in Hormuz is likely to drag the economies

Iran’s currency falls to new low as US blockade, sanctions impact trade

relatively stable over the past two months after experiencing an earlier drop as US forces amassed in the lead-up to the US-Israeli war on Iran, which began at the end of February

Somali pirates abandon hijacked UAE dhow due to dwindling supplies

UAE dhow due to dwindling supplies An Emirati dhow hijacked by Somali pirates last month has been abandoned in the Arabian Sea after the gang failed to use the vessel to attack other ships, security