NYTIMES (Jenny Gross) - Allowing Iran to Charge Fees in Strait of Hormuz Would Set ‘Dangerous Precedent,’ Maersk CEO Says
With the United States and Iran nearing a deal to reopen the Persian Gulf, the mega shipping firm is treading cautiously.
THEAMERICANCONSERVATIVE (Harrison Berger) - Ceasefire Day 28: Pentagon Says Ceasefire Still in Effect After Hormuz Clashes
State of the Union: The UAE reported drone and missile strikes from Iran. The post Ceasefire Day 28: Pentagon Says Ceasefire Still in Effect After Hormuz Clashes appeared first on The American Conservative .
U.S. officials insist that a ceasefire to the Iran War—which entered its 28th day on Tuesday—is still in effect after the truce was tested by several attacks reported in the Strait of Hormuz, with the U.S. and Iran continuing to dispute control over the waterway. The chairman of the Joint Chiefs of Staff Dan Caine told reporters on Tuesday morning that attacks on ships in the Strait of Hormuz have not crossed what the U.S. views as a threshold for terminating the ceasefire. “Since the ceasefire was announced, Iran has fired at commercial vessels nine times and seized two container ships, and they’ve attacked U.S. forces more than ten times—all below the threshold of restarting major combat operations at this point,” Caine…Open
JUSTTHENEWS (Ben Whedon) - Brent Crude Oil clears $90 per barrel amid Iran War
Shipping giants Maersk and Cosco have also suspended operations in the region, further complicating efforts to keep oil prices stable.
JUSTTHENEWS (Ben Whedon) - Shipping giant Maersk suspends cargo bookings in Persian Gulf
President Donald Trump previously directed the U.S. Development Finance Corporation (DFC) to offer political risk insurance for ships attempting to navigate the Strait of Hormuz.
THEAMERICANCONSERVATIVE (Harrison Berger) - Iran War Enters Second Day: Gulf Nations Take a Beating
As the American-Israeli war on Iran entered its second day Sunday, Iranian missiles and drones struck targets across the Persian Gulf, hitting U.S. installations and energy infrastructure in allied Gulf states, while Israel continued air operations over Iranian airspace amid reports of heavy losses to the Islamic Republic’s senior leadership. Three U.S. service members were […] The post Iran War Enters Second Day: Gulf Nations Take a Beating appeared first on The American Conservative .
As the American-Israeli war on Iran entered its second day Sunday, Iranian missiles and drones struck targets across the Persian Gulf, hitting U.S. installations and energy infrastructure in allied Gulf states, while Israel continued air operations over Iranian airspace amid reports of heavy losses to the Islamic Republic’s senior leadership. Three U.S. service members were killed and five seriously wounded in the conflict, U.S. Central Command said. Iran’s Supreme Leader Ali Khamenei was among several senior officials already killed by American-Israeli airstrikes. Others include Iran’s army chief of staff, General Abdol Rahim Mousavi, Defense Minister General Aziz Nasirzadeh, and Secretary of the Defense Council Ali Shamkhani.…Open
AXIOS (Marc Caputo) - Scoop: Trump expecting favorable Panama Canal ruling to further "Donroe Doctrine"
The White House expects Panama's Supreme Court on Thursday to cancel a crucial Panama Canal ports contract operated by a firm with ties to China's government, two sources tell Axios. Why it matters: Removing Chinese influence in the Western Hemisphere is central to President Trump's strategy to reassert unquestioned U.S. dominance from the Straits of Magellan to Greenland. - The contracts for managing terminal operations at both ends of the Panama Canal, currently held by Hong Kong's CK Hutchison, help dictate a measure of control of all shipping between the Pacific and Atlantic oceans. Zoom in: At issue in the lawsuit before the Panama Supreme Court was whether CK Hutchison breached the concession contracts, including one renewed in…
AI:The Trump administration is poised for a massive geopolitical victory as Panama’s Supreme Court prepares to strip Chinese-linked entities of their control over the Panama Canal terminal operations. For too long, the global shipping arteries between the Atlantic and Pacific have been vulnerable to the shadow influence of Beijing through Hong Kong-based CK Hutchison. While the radical left's failed policies allowed this encroachment, the Trump administration—driven by a "Trump Corollary" of Western Hemisphere dominance—is finally cleaning up the mess. After BlackRock attempted a shell game by introducing Chinese shipping giant Cosco as a strategic investor, Panama’s government, spurred by Washington, moved to terminate these…Open