Iran Imposes New Insurance Rules For Ships In Strait Of Hormuz
According to a document obtained by CBS News, all ships transiting the strait must carry insurance policies approved by Iran’s newly established Persian Gulf Strait Authority
Transportation
End Of An Era As 35-Year-Old Air Force One Nears Retirement
Senior administration officials posted tributes to the aircraft after it returned to the Washington area following President Donald Trump's trip to Europe.
Saudi Oil Tankers Cross Strait Of Hormuz After U.S.-Iran Deal
According to shipping data from Kpler, the vessels resumed visible tracking after remaining off public monitoring systems for more than two months
How Large Is The Shipping Backlog In The Strait Of Hormuz
According to shipping data cited by CNBC, dozens of tankers remain stranded in the Persian Gulf, with estimates suggesting a backlog of roughly 118 vessels
B-52 Bomber Goes Down After Takeoff, All Eight Onboard Killed
The report said the aircraft was supporting a radar modernization program when it went down minutes after departing the base.
IATA Warns Jet Fuel Spike Could Slash Airline Earnings
IATA Director General Willie Walsh said the conflict involving the United States and Iran has pushed oil and jet fuel prices sharply higher
Nearly 40 Ships Leave Persian Gulf With U.S. Navy Coordination
While there is no formal escort program in place, the arrangement is believed to provide limited assurances that U.S. naval forces would respond to threats.
Why China Is Buying 200 Boeing Jets After Trump’s Meeting With Xi
Boeing order would mark the company’s biggest breakthrough in China in nearly a decade after years of trade friction and limited access to the Chinese aviation market
New York Rail Strike Disrupts Thousands Of Commuters
The strike began Saturday after last-minute contract talks collapsed over wages and working conditions
How The Iran Conflict Is Fueling Somali Pirate Attacks
According to the United Kingdom Maritime Trade Operations, pirates are currently holding at least three vessels captured between April 21 and May 2.
What Is Driving Higher Food Prices Beyond Gas Costs
According to Labor Department data, prices for food consumed at home rose 2.9% from a year earlier, the highest annual increase since August 2023. Restaurant and prepared meal prices also climbed, pushing overall food inflation to 3.2%.
