Tracking ships under fire in the Strait of Hormuz
Iran's top negotiator says it's "not possible to reopen" the strait due to "blatent violations" of US-Iran ceasefire.
BBC News - Middle East
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Iran's top negotiator says it's "not possible to reopen" the strait due to "blatent violations" of US-Iran ceasefire.
Operation Economic Fury began with the blockade of Iranian ports in the Strait of Hormuz before expanding to ships providing support to the Iranian regime in international waters.
Heightened supply-chain complexity may boost profits for firms like DHL, DSV and Kuehne+Nagel, but analysts warn the energy shock and wider economic fallout could weaken demand later this year.
Jaabis was released in November 2023 as part of a ransom for 26 hostages captured by Gazans during the October 7 Massacre, according to the BBC.
“The ceasefire has opened a space that Pakistan thinks is enough for the diplomatic path to resume,” a former Pakistani ambassador briefed on the matter told the NYT.