Industry
IMO Says 400 Ships and 6,000 Seafarers Still Cannot Leave the Gulf
The IMO says up to 400 ships carrying around 6,000 seafarers have been unable to leave the Persian Gulf safely since the conflict began.
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Sanctions
Washington Moves to Revive Prize Courts for Seized Merchant Vessels
The US administration is moving to revive the prize court, a tribunal for determining the legality of seizing enemy merchant vessels, untested since the Second World War.
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Sanctions
Washington Readies New Iran Sanctions and Presses China Over Hormuz
Scott Bessent has promised the toughest sanctions in history against Iran and called on China, which took over 80% of Iran's shipped oil in 2025, to help reopen the Strait of Hormuz.
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