Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War March 12, 2026 Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation’s $20 billion Maritime Reinsurance Plan...
Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing March 11, 2026 By Patpicha Tanakasempipat and Suttinee Yuvejwattana A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab...
UK Watchdog Fines Aviva Unit $14 Million Over Solvency Miscalculation March 11, 2026 Britain’s banking stability watchdog has fined U K Insurance Ltd., now part of Aviva, 10.6 million pounds ($14.2 million) over...
Three Ships Struck in Day of Heavy Middle East Attacks March 11, 2026 By Patrick Sykes, Alex Longley and Patpicha Tanakasempipat Three vessels were hit by suspected projectiles in the Strait of Hormuz and Persian Gulf on Wednesday, one of the...
Sony Fighting $2.7 Billion UK Lawsuit Over PlayStation Store Prices March 11, 2026 By Sam Tobin Sony is fighting a London lawsuit worth almost 2 billion pounds ($2.7 billion) that alleges the PlayStation maker’s “monopoly position”...
Dubai Flights Disrupted After Drones Injure Four Near Main Airport March 11, 2026 By Leen Al-Rashdan Dubai International Airport briefly halted operations on Wednesday after drones smashed down at the facility, resulting in four injuries at...
Global Leaders Race to Shield Their Economies From War Shocks March 10, 2026 By Enda Curran, Jorgelina do Rosario and Daniel Flatley Policymakers around the world are readying measures to absorb surging energy and commodities prices triggered by the Middle East war...
Iran Says Oil Blockade Will Continue Until Attacks End; Trump Threatens Heavier Strikes March 10, 2026 By Parisa Hafezi, Enas Alashray and Kanishka Singh Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S....
Ship Clusters and Speeding Tankers Point to Hormuz Jamming March 10, 2026 By Weilun Soon At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic...
How US-Israeli War on Iran Is Upending Global Business March 9, 2026 The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and...