Iran warns ships crossing Strait of Hormuz without approval may face action

Iran warns ships crossing Strait of Hormuz without approval may face action

Iran’s Revolutionary Guards have issued a stern warning to vessels transiting the Strait of Hormuz, saying any ship crossing the strategic waterway without authorisation from Iran “will be dealt with.” The statement comes as uncertainty continues over the future governance of the Strait of Hormuz, one of the world’s most important maritime trade routes and […]

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China’s US Exports Plunge as Global Shipments Reach a Six-Month High

China’s US Exports Plunge as Global Shipments Reach a Six-Month High

China’s trade landscape is showing contrasting signals — a sharp decline in exports to the United States but a promising surge in global shipments. According to customs data released Monday, China’s worldwide exports climbed 8.3% year-on-year in September, reaching USD 328.5 billion, surpassing economists’ expectations and marking the strongest performance in six months. This follows […]

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