As the U.S. threatens to escalate attacks against Iran, the shutdown of a key Persian Gulf shipping lane is causing congestion at regional ports that threatens to spread to the global supply chain. Now entering its second week, the undeclared war has hampered ports...
MARCH 7 — Rising tensions in the Middle East involving Iran, the United States, and Israel are sending shockwaves across the global landscape. What may appear as a regional conflict carries far-reaching implications for international trade, energy markets,...
KUALA LUMPUR: Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field...
He was accompanied by Mida chairman and Senior Political Advisor to the Prime Minister, Datuk Seri Tengku Zafrul Tengku Abdul Aziz, who is also the former Investment, Trade and Industry Minister. During the announcement, Johor’s approved investment value of RM110...
As the security situation in the Gulf region remains dangerous for vessel transits, industry voices differ on the question of whether vessels should stay out of the Strait of Hormuz for reasons of seafarer safety. Transits of the strait are under direct...
War risk at the Strait of Hormuz continues to deter shipowners from venturing near to Iran, and AIS-active traffic remains 90 percent below normal levels, according to MarineTraffic. Despite the hazards, a handful of owners are willing to make the run and join the...
