U.S. Confirms Iranian Attack on U.S. Navy Destroyers in Strait of Hormuz
Navy guided-missile destroyers transit the Strait of Hormuz during heightened tensions with Iran in a photo released by U.S. Navy Destroyers in Strait of Hormuz
Mike Schuler
Total Views: 15828
May 7, 2026
Three U.S. Navy destroyers came under missile, drone and small-boat attack while transiting the
Strait of Hormuz
on Thursday, according to U.S.
EU Russian Arctic LNG Imports Hit $4.4bn Record Despite Sanctions Measures
(Source: Contributed)
EU Russian Arctic LNG Imports Hit $4.4bn Record Despite Sanctions Measures
Malte Humpert
Total Views: 499
May 8, 2026
European Union imports of Russian Arctic liquefied natural gas from the Yamal LNG project hit a record high in the first four months of 2026, despite the bloc introducing measures intended to curb purchases of Russian fuel.
The EU imported 6.69 million metric tonnes of LNG from the Russian Arctic project between January and April, up 17.2% from the same period a year earlier, according to
analysis of Kpler shipment data published on Friday by environmental group Urgewald
.
The imports represented 98% of all Yamal LNG cargoes that reached a final destination during the period, underscoring Europe’s continuing role as the main market for Russia’s flagship Arctic gas project more than four years after Moscow’s invasion of Ukraine.
Urgewald estimated that EU countries paid Russia around 3.88 billion euros ($4.4 billion) for the fuel during the January-
China Confirms Attack on Oil Tanker in Strait of Hormuz Earlier This Week
Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. REUTERS/Amr Alfiky
China Confirms Attack on Oil Tanker in Strait of Hormuz Earlier This Week
Reuters
Total Views: 413
May 8, 2026
By Lewis Jackson and Sam Li
BEIJING, May 8 (Reuters) – China’s foreign ministry confirmed on Friday that an oil products tanker carrying Chinese crew was attacked in the Strait of Hormuz, and expressed deep concern about vessels affected by the ongoing conflict in the Middle East.
There are Chinese nationals aboard the vessel, but no reported crew casualties so far, foreign ministry spokesperson Lin Jian said during a regular news conference.
Chinese media Caixin reported on Thursday that a Chinese-owned oil products tanker marked “CHINA OWNER & CREW” was attacked near the Strait of Hormuz on Monday.
The attack happened before a
meeting
between China’s foreign minister, Wang Yi,
Historic Cold Pushed U.S. Coast Guard Icebreaking Fleet to the Limit in 2026
Coast Guard Cutter James Rankin (WLM 555) transits ice-infested waters at the west exit of the Chesapeake and Delaware Canal while underway north of Baltimore, Maryland, Feb. Coast Guard Photo
Historic Cold Pushed U.S. Coast Guard Icebreaking Fleet to the Limit in 2026
Lori Ann LaRocco
Total Views: 0
May 8, 2026
By Lori Ann LaRocco – The icebreaking season for the
U.S.
Six Types of Shipping Crisis — And What They Mean for Freight Procurement
Six Types of Shipping Crisis — And What They Mean for Freight Procurement
in
International Shipping News
09/05/2026
Disruption is familiar. The market’s response to it no longer is. Here’s why traditional tendering strategies break down in volatile conditions — and how real-time intelligence helps shippers contract smarter.
Shippers have become remarkably good at managing disruption.
Pandemics.
U.S. Navy Disables Two More Iranian Tankers as Hormuz Blockade Enforcement Intensifies
Central Command appears to show the Iranian-flagged tanker M/T Sevda after being struck by U.S. forces in the Gulf of Oman on May 8, 2026. Navy F/A-18 Super Hornet disabled the vessel while enforcing Washington’s blockade on ships entering Iranian ports.
U.S.
US, Iran Clash Near Hormuz as Response on Proposed Deal Awaited
AH-64 Apache helicopters fly over the Strait of Hormuz, April 17, 2026, with multiple commercial vessels visible below, as U.S. Army crews maintain a persistent aerial presence to support freedom of navigation and monitor maritime traffic in the strategic waterway. Central Command Photo
US, Iran Clash Near Hormuz as Response on Proposed Deal Awaited
Bloomberg
Total Views: 379
May 8, 2026
By Jennifer A.
U.S. Import Slowdown Deepens as Retailers Pull Back Amid Iran Crisis
Stock Photo: Shutterstock/Avigator Fortuner
U.S. Import Slowdown Deepens as Retailers Pull Back Amid Iran Crisis
Mike Schuler
Total Views: 0
May 8, 2026
U.S. container imports are expected to remain weaker than last year through at least early fall despite a temporary rebound in May and June, according to new projections from the National Retail Federation and Hackett Associates, underscoring mounting pressure on global trade flows as economic uncertainty and
Middle East tensions
weigh on consumer demand.
The latest Global Port Tracker report paints a cautious picture for the second half of 2026, with retailers slowing inventory build-ups even as supply chains continue adjusting to tariff disruptions, inflation concerns, and the lingering fallout from the Strait of Hormuz crisis.
While import volumes are projected to rise year-over-year in May and June, NRF says the increase is largely misleading because it compares against the sharp collapse in imports that followed the Trump administ
Trump’s Feud With Germany’s Merz Puts EU Trade Deal on Edge
Photo: Sven Brandenburg/Shutterstock
Trump’s Feud With Germany’s Merz Puts EU Trade Deal on Edge
Bloomberg
Total Views: 0
May 8, 2026
(Bloomberg) —
Donald Trump
’s rift with Friedrich Merz is complicating the European Union’s push to finish its US trade deal before fresh tariffs arrive.
The US president was reluctant on Thursday to delay his threatened 25% levy on European cars and trucks because he remains angry with the German chancellor over his criticism of the war in Iran, according to a person familiar with the matter.
That’s making senior European officials anxious that failing to conclude their trade deal before Trump’s new July 4 deadline may trigger a downward spiral, the person added, speaking anonymously to describe private discussions. While officials are expressing confidence they can complete their own work by then, the window also leaves nearly two months for Trump’s personal grievances to resurface.
The situation is yet another reminder that for Trump, all policy issue
Trump’s Iran Strategy Collides with Hormuz Reality
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi/ISNA/WANA (West Asia News Agency) via REUTERS
Trump’s Iran Strategy Collides with Hormuz Reality
Bloomberg
Total Views: 0
May 8, 2026
By Eric Martin and Magdalena Del Valle (Bloomberg) — President Donald Trump has changed his approach as he tries to end the war against Iran: reopen the
Strait of Hormuz
at all costs and leave thorny negotiations on Tehran’s nuclear and ballistic missile programs until later.
That strategy has seen the ceasefire between the US and Iran tested as the two sides traded fire in recent days after Trump ordered US warships to provide cover for merchant vessels transiting the strait, and then
abruptly shelved “Project Freedom” on Tuesday. Iran also targeted oil facilities in the nearby United Arab Emirates.
While Trump has repeatedly said eliminating Iran’s nuclear program is the main justification for the conflict in the Middle East, the vital waterway for oil and gas flo