The European Union’s latest efforts to tighten sanctions against Russia have encountered fresh resistance as Greece threatens to veto the proposed 21st sanctions package over measures targeting Russian liquefied natural gas (LNG) exports. The dispute highlights growing divisions within the EU as Brussels seeks to further restrict Russia’s energy revenues […]
Read more
The security environment in the Black Sea has taken another significant turn after a Chevron-chartered Aframax tanker was struck by a drone while approaching the Caspian Pipeline Consortium (CPC) terminal near Novorossiysk, Russia, highlighting the growing risks facing commercial shipping operating in the region. The incident occurred on 7 July, […]
Read more
The maritime security environment in the Arabian Gulf has taken a significant turn following direct U.S. military action against a commercial tanker reportedly heading toward Iran. According to reports from U.S. Central Command, the Botswana false-flagged Very Large Crude Carrier (VLCC) Lexie was disabled while attempting to reach Iran’s Kharg […]
Read more
Iran has denied reports that it plans to impose transit tolls on commercial ships passing through the Strait of Hormuz, clarifying that its recent maritime initiatives are focused on improving navigational safety rather than collecting passage fees. Speaking during a weekly press briefing on Monday, Iranian Foreign Ministry spokesperson Esmail […]
Read more