The United States has paused its military operation aimed at guiding commercial ships out of the Strait of Hormuz, following signs of progress in ongoing negotiations with Iran. The operation, known as “Project Freedom,” was launched to assist thousands of stranded vessels and sailors affected by the blockade of the vital shipping route. According to … Read more
An oil tanker identified as MT Eureka has been hijacked by Somali pirates in the Gulf of Aden, according to multiple security sources. The vessel, which was sailing under the flag of Togo, was reportedly seized early in the morning near the Yemeni coast and is now being moved toward Somali waters. This incident marks … Read more
The United States has warned global shipping companies that they could face sanctions if they make payments to Iran for safe passage through the Strait of Hormuz—one of the world’s most critical shipping routes. According to the US Office of Foreign Assets Control (OFAC), American individuals and companies are generally prohibited from making payments to … Read more