The U.S. will not renew a 30-day waiver of sanctions on Iranian oil at sea that expires this week, and quietly let a similar waiver on sanctions on Russian oil expire over the weekend, two administration officials told Reuters on Tuesday, as the U.S.
US Will Not Renew Sanctions Waiver on Iranian Oil Read More »
In this second edition of our newsletter on America’s maritime sector, we explore the need for cargo demand to underpin US-flag shipping expansion. Keep reading for our interview with Trump’s maritime administrator, details of a union proposal to tackl…
American Steel: How do you get king cargo to fall in line and choose US-flag ships? Read More »
Wall Street stock indexes edged up, oil prices tumbled and the dollar’s safe haven appeal waned on Tuesday as investors looked past a U.S. blockade on Iran’s ports to the prospect of an eventual resolution to the conflict.Negotiating teams from the U.S.
Oil Prices Fall, Wall Street Indexes Edge Up on Hopes of US-Iran Resolution Read More »
No ships have made it past a U.S. naval blockade of Iran’s ports and coastal areas, and six merchant ships have followed orders to turn back, the U.S. military said on Tuesday, providing the first details on a day-old effort ordered by President Donald…
Six Ships Follow US Orders to Turn Back in Strait of Hormuz Blockade Read More »
US military says more than 12 warships are involved in operation to stop Iran-linked shipping
Six ships ‘turn back’ after US blockade of Iranian ports Read More »