Global oil prices could climb sharply in the coming months if disruptions to crude shipments through the strategically vital Strait of Hormuz continue, with Brent crude potentially rising above $120 a barrel by the fourth quarter, according to a Goldman Sachs assessment. The projection comes amid heightened geopolitical tensions in the Middle East and growing...
The United States Navy has introduced a new generation of autonomous maritime technology through its Corsair sea drones, a class of unmanned surface vessels (USVs) designed to enhance surveillance, reconnaissance, and combat operations in contested waters. The advanced platform has drawn significant international attention after reports indicated that it was deployed during military operations involving...
Iran has reacted sharply yet cautiously to former US President Donald Trump’s reported proposal to impose a 20% charge on vessels passing through the Strait of Hormuz, stating that if such a system were ever implemented, it would be applied “fairly” to all countries without discrimination. The response comes amid renewed tensions between Washington and...
A new intelligence assessment from the United States has raised concerns over Iran’s growing capability to influence maritime traffic through the Strait of Hormuz, one of the world’s most strategically important waterways. According to the report, Tehran now possesses the military resources and operational capacity required to significantly disrupt or even temporarily shut down the...