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Tuesday
08
Sep 2026
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Athens 24°C

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Brent above $90 after U.S. strike on Iran

Oil prices rise more than 2% as concerns over the Strait of Hormuz flare up again

Strait of Hormuz: Iran and Oman negotiate a temporary shipping corridor

The first organized attempt to restore passage includes mine clearance — Only five vessels passed through on Tuesday, while Brent fell by more than 2%

El Nino shows its “teeth”: Alarm in Panama & El Salvador as drought, lost crops & fewer ships hit the Canal

Emergency measures by governments as drought affects water reserves, crops and global trade flows

A two-tier ferry industry: Three major players invest while 30 smaller companies fall behind in fleet renewal

Three companies account for more than 61% of passenger capacity and nearly 69% of vehicle capacity, while 30 smaller operators with 75 vessels struggle to finance fleet renewal

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