Ships and Shipping Archives

Reopening of Strait of Hormuz Still a Question Mark

Sam Miller3 hours ago03 mins

The United States and Iran have reached a deal in principle that calls for the reopening of the Strait of Hormuz, a U.S. official said on Sunday. But the announcement left many questions unanswered, starting with how soon normal shipping through the strait could resume and when oil prices would begin to come down. The…

The War-Driven Supply Shock Already Roiling Manufacturing in Asia

Sam Miller20 hours ago05 mins

Countries in Asia are reeling from a shortage of naphtha, a petroleum derivative used in a dizzying array of products, from household plastic wrap to industrial inks and medical devices. Early global alarm over the war in the Middle East centered on skyrocketing crude prices and gasoline spikes at the pump. But in East Asia,…

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Ships and Shipping

Reopening of Strait of Hormuz Still a Question Mark

The War-Driven Supply Shock Already Roiling Manufacturing in Asia