Wio Bank shifts SCF focus to ecosystem resilience amid Strait of Hormuz disruption
Supply chain finance is shifting from working capital optimization to ecosystem-wide resilience, driven by geopolitical disruptions — notably in the ...
Region: Middle East
Dark Fleet Grows to 12% of Global Tankers Amid Sanctions
The 'dark fleet' — vessels engaged in sanctioned oil trade — now accounts for 12% of the global tanker fleet, ...
U.S.-Iran Ceasefire Eases Energy Pressures, Logistics Normalization Expected in Months
A U.S.-Iran ceasefire agreement has eased energy pressures, with diesel prices peaking at $5.643 per gallon in early April and ...
Hormuz Deal Opens 60-Day Window for Shipping Industry
A U.S.-Iran memorandum of understanding has reopened the Strait of Hormuz to commercial shipping under a toll-free regime for 60 ...
DHL, Oman Air, GWC scale Gulf land bridge as RFS demand surges 30%
Logistics operators DHL, Oman Air Cargo, and Gulf Warehousing Company (GWC) are rapidly scaling the Gulf land bridge amid ongoing ...
USDOT launches American Supply Chain Sovereignty Initiative
U.S. Transportation Secretary Sean Duffy announced the American Supply Chain Sovereignty Initiative on June 15, 2026, to enhance freight visibility ...
Air freight spot rates surge 41% YoY in May, relief expected
Air freight spot rates surged 41% year-on-year in May, driven by Middle East conflict-related disruptions and fuel volatility since February. ...
EU approves US tariff deal, ends duties by month-end
The European Union has granted final approval to implement its U.S. tariff agreement, clearing the way for zero-duty access to ...
Persian Gulf ceasefire to reopen Strait of Hormuz in 30 days
Sub-Saharan Africa shippers are urgently awaiting formal signing of a US-Iran ceasefire deal that would reopen the Strait of Hormuz ...
Air freight rates up 32.7% YoY amid AI demand, Gulf capacity gaps
Air freight rates remain elevated despite recovering capacity, with the global Baltic Air Freight Index still 32.7% higher year-on-year as ...
