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Day 34 of Iran War: US-Israel War on Iran Intensifies; Oil Jumps, Tehran Rejects Ceasefire Claims
The United States and Israel stepped up strikes on Iran, with reported casualties and damage across multiple areas, as Iranian forces launched new missile and drone attacks in response.
In an address on Wednesday, US President Donald Trump said Washington had “destroyed the Iranian military” and was nearing its war objectives. Trump also said Tehran had sought a ceasefire, a claim Iranian officials denied...
Day 33 of Iran War: US, Israel Intensify Strikes on Iran Amid Diplomatic Deadlock
US and Israeli airstrikes have continued across Iran, targeting industrial and civilian infrastructure, including steel plants and pharmaceutical factories, according to Iranian state media and officials.
US President Donald Trump, who is scheduled to deliver a White House address this evening, said the war could be wrapped up within two to three weeks even without a formal agreement. He warned he might reconsider America’s commitments to NATO if European allies do not play a larger role in countering Iran’s blockade of the Strait of Hormuz...
Day 32 of Iran War: US–Israel Strikes Continue Across Iran, Trump Issues New Threats
US and Israeli forces carried out fresh air strikes across Iran on Tuesday as the war entered its 32nd day.
US President Donald Trump warned that Washington might strike Iran’s key energy infrastructure, including its main oil export hub at Kharg Island, oil wells, and power plants, if no deal is reached and the Strait of Hormuz remains closed.
Following Trump's comments, Iran set ablaze a Kuwait‑flagged crude oil tanker off Dubai. The fire was extinguished with no reported oil spill or crew injuries...
Day 26 of Iran War: Oil Eases on Ceasefire Hopes as Diplomatic Signals Remain Mixed
The war involving the United States and Israel against Iran has entered its 26th day, marked by continued military escalation alongside increasingly frequent and conflicting diplomatic signals.
Airstrikes and missile exchanges persist across Iran, Israel, and parts of the Gulf, even as talk of negotiations grows. US officials have signaled readiness to escalate military operations while also leaving the door open to diplomacy. Reports of a potential framework to end the war remain unverified, though multiple outlets indicate that a 15-point proposal has been...
Day 19 of Iran War: Middle East Supply Fears Boost Oil 6%; US Eases Shipping Rules
The US-Israeli war on Iran is spreading regionally on its 19th day, with missiles and drones targeting Gulf countries, including Saudi Arabia, Kuwait, and Jordan. Israel bombed central Beirut early Wednesday, killing at least six people and marking an expansion of the US-Israeli war against Iran. Iran carried out further retaliatory attacks on Israel, causing significant damage, and vowed revenge after Israeli strikes killed security chief Ali Larijani and Basij commander Gholamreza Soleimani.
Global markets remain volatile as US diesel prices climbed past $5 per gallon on Wednesday, marking their highest level since 2022. Meanwhile, the national average price for...
Day 14 of Iran War: US Temporarily Eases Russian Oil Sanctions; Shipping Risks Mount
Israeli airstrikes have hit Tehran on the 14th day of the Iran war as Iran and its allies launch retaliatory attacks across Gulf states, sharply escalating tensions across the region and disrupting global energy markets.
Shipping through the Strait of Hormuz, a vital route linking the Gulf to the Gulf of Oman, remains severely disrupted.
On Friday, the US issued a 30-day license for countries to buy Russian oil and petroleum products currently stranded at sea. Oil prices eased following the announcement, though prices are...
Day 13 of Iran War: Strait of Hormuz Tensions Continue, Brent Crude Tops $100 Again
US and Israeli strikes on Iran continued Thursday as the war entered its 13th day, while Tehran intensified retaliatory attacks that have unsettled global energy markets.
Iranian President Masoud Pezeshkian said Tehran could consider ending the war if its “legitimate rights” are acknowledged, reparations are paid, and binding international guarantees are put in place to prevent future attacks.
Maritime tensions are increasing around the Strait of Hormuz, with reports of tanker attacks off Iraq and drone strikes targeting energy infrastructure throughout the Gulf...
Iran War Enters Fourth Day, Driving Higher Crude Prices and Broad Commodity Swings
The US-Israeli war on Iran intensified into its fourth day, with Tehran reporting a death toll of 787 as strikes continue to target leadership and infrastructure. Israel’s campaign, initially described as a two-week operation, is reportedly advancing faster than expected, with no firm end date signaled. US President Donald Trump said the war could last four to five weeks.
Global markets remain on edge. Crude oil surged nearly 4% in overnight trade, while European equities fell sharply. US stock futures also pointed lower, with the three major indices last shedding about 2%...
Container Trades Statistics is Tracking Towards a Record-Breaking Year
Revised figures for August 2025 now show global liftings at 16.8 million TEUs, marking the highest monthly volume ever recorded in the CTS database. This new record surpasses the 2nd previous high set in July 2025 by more than 220,000 TEUs.
As expected, September 2025 volumes eased month on month, falling 5.6% from August’s exceptional levels. Despite this decline, global volumes for September still reached a solid 15.86 million TEUs, representing a 5% increase compared with September 2024. This brings the third quarter of 2025 to a close with a...
Port of LA Seeks Proposals for New Pier 500 Container Terminal
The Port of Los Angeles has announced its search for proposals from parties interested in the pre-development of Pier 500, a project designed to boost cargo efficiency and accommodate larger, next-generation cargo ships. This development comes after decades of efforts to increase capacity amid rising demand at one of the United States' busiest ports.
The proposed site for Pier 500 spans 200 acres and will feature two berths and approximately 3,000 linear feet of new wharf. Situated at the southern tip of...
Gartner Says Supply Chain Leaders Must Address Three Priorities Amid Impacts of Israel-Iran Conflict
To help organizations navigate the ongoing impacts posed by the Israel-Iran conflict, Gartner Inc. has identified three critical priorities for chief supply chain officers (CSCOs) to implement now to secure their operations.
In response to the ongoing impacts from the conflict, CSCOs should:
“As the conflict between Israel and Iran oscillates, CSCOs must leverage...
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