Iran war threatens to delay large offshore wind projects in Europe

Industry fears strait of Hormuz closure could disrupt shipping of crucial parts for UK and German North Sea projects

The Guardian
South Korea's new Maritime Minister Hwang Jong-woo calls for proactive preparation of Arctic shipping routes and strategic development of southeastern maritime hub, while prioritizing Middle East security concerns and crew safety amid global shipping challenges.
#YonhapInfomax #ArcticRoute #MaritimeMinister #BusanRelocation #ShippingIndustry #MiddleEastSecurity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111933
Energy shock talk grabs headlines but the Iran war is also driving the world towards a food crisis

Growers face soaring fertiliser and fuel costs as shipping choke point of the strait of Hormuz hits supply chains

The Guardian
West Point analysis warns that strait of Hormuz blockade will strangle US defense industry

Report shows how minerals critical to defense readiness have seen a ‘near total’ disruption in seaborne trade

The Guardian
The tanker "Karachi," under the control of the Pakistan National Shipping Corporation, has departed through the Strait of Hormuz en route to Pakistan. #MaritimeNews #ShippingIndustry
Beyond the strait: why Middle East oilfield shutdowns threaten to keep prices high

Oil could pass 2008 record of $147.50 a barrel as damage and closures risk compounding supply shock caused by Iran war

The Guardian
How shipping companies are navigating danger in the Strait of Hormuz
https://www.cbc.ca/news/business/shipping-companies-strait-of-hormuz-9.7124842?cmp=rss
Iran war drives oil prices above $100 a barrel for first time since 2022

Donald Trump insists rise in energy prices is ‘very small price to pay’ as Middle East war sparks fresh stock market sell-off

The Guardian
Great Britain has only two days of gas stored, while Iran war threatens to disrupt supplies

National Gas insists storage broadly in line with levels for time of year despite disruption for tankers carrying LNG

The Guardian
Iran has largely halted oil and gas exports through strait of Hormuz

At least four tankers have been struck by drones and maritime traffic has dropped by 80%, reports say

The Guardian