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azernews.azThe Georgian government announced July 6 that it will build and operate the Anaklia Deep Sea Port itself after a Chinese consortium exited the project. Economy Minister Mariam Kvrivishvili said the state will retain ownership while seeking multiple partners.
revolver.newsOman informed European officials that vessels transiting the Strait of Hormuz could incur new navigation and environmental service fees. The country also stated there is no return to pre-war conditions in the waterway.
The HillNational average gasoline prices stood at $3.90 per gallon on Friday, nearly $1 above late February levels, while the U.S. benchmark WTI crude oil traded near $69 per barrel. The gap follows a U.S.-Iran memorandum of understanding that reopened the Strait of Hormuz after earlier…
theiranproject.comTransits reached the highest weekly total since February as vessels moved stored crude. An attack on a container ship off Oman prompted the United Nations to pause its evacuation plan.
TimeNational average fell from a recent peak of $4.50 following the U.S.-Iran agreement that reopens the Strait of Hormuz. Prices remain nearly a dollar above last year’s level.
rte.ieOfficials reported that Japan has obtained alternative crude oil volumes matching expected July demand. The supplies will reach the country without transiting the Strait of Hormuz.
rte.ieThe number of oil tankers passing through Egypt’s Suez Canal increased by almost a third in April 2026 after the Strait of Hormuz closed.
pbs.orgNegotiations to extend the Iran ceasefire and reopen the Strait of Hormuz continue, with officials stating several more days are needed to resolve wording in the draft agreement.
manilatimes.netA draft memorandum outlines terms for extending a ceasefire with Iran by 60 days and requires Iran to halt military operations, reopen the Strait of Hormuz, and dispose of its enriched uranium stockpile. Iran has not accepted all provisions, and some details remain unresolved.
pbs.orgThe United States and Iran are discussing a memorandum of understanding that would convert the existing ceasefire into a longer-term settlement. The document would address the Strait of Hormuz, Iranian nuclear material, frozen assets, and sanctions, though details remain under ne…
citizen.co.zaAn opinion article published May 20, 2026, argues that Israel should pursue a shipping canal linking Eilat to the Mediterranean near Ashkelon or Ashdod. The piece presents the project as a potential alternative to the Suez Canal and a driver of economic growth.
Financial TimesDaily transit operations through the Panama Canal have risen 20 percent since the start of the conflict with Iran, according to the canal manager. The increase has lifted revenues by as much as 15 percent. Officials said the war is permanently reshaping global trading routes.
Substrate placeholder — needs reviewIraq has committed $17 billion to the Development Road project, an infrastructure initiative involving a 1,200 km rail and highway network. The project extends from the Gulf to Turkey with connections into Europe, aiming to enhance regional connectivity. It is designed to bypass…