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Not closed, not opened — Hormuz becomes a managed corridor
Ships are transiting the strait again, but with selective access
TODAY: Hormuz access is now determined by ownership and cargo
What we’re tracking this morning regionally and around the world
Panama gets a lift from the Gulf shipping shock
Gulf disruption is making Panama relevant again, offering shorter and safer passage
Mawani doubles down on Jubail under pressure
Pushing with the terminal reads as a deliberate choice to stay the course on a pre-war expansion play
Access to fuel is disrupting global bunkering
The longer disruptions persist, the more bunker hubs — reliant on Gulf-linked flows — will be forced to source from…
GulfNav posts a mixed bag of FY 2025 results
The company posted higher revenue, but net income fell on expansion costs.
Why the Red Sea playbook won’t work in Hormuz
The Red Sea disruption forced ships to reroute, while Hormuz leaves them nowhere to go
TODAY: Airspace is for the last airlines standing
What we’re tracking this morning regionally and around the world
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