Tag: Strait of Hormuz

  • UAE Cuts Iran

    The United Arab Emirates halts all trade, commercial exchange and financial transactions with Iran after missile fire in the Gulf, severing Tehran’s most important commercial lifeline and redrawing regional trade flows overnight DUBAI, Aug. 20, 2026 The United Arab Emirates suspended all trade, commercial exchanges and financial transactions with Iran on Wednesday, Aug. 19, cutting…

  • Strait of Hormuz Bottleneck: 2 Million TEU Trapped as Vessel Movements Collapse 90%

    Strait of Hormuz Bottleneck: 2 Million TEU Trapped as Vessel Movements Collapse 90%

    The Scale of the Strait of Hormuz Disruption The Strait of Hormuz, the critical chokepoint through which approximately 21% of global oil and 20% of global liquefied natural gas (LNG) flows, faces extraordinary disruption that has paralyzed normal shipping operations. Over two million twenty-foot equivalent units of containerized cargo are currently trapped in the region,…