The war in Iran is highlighting the importance of ships – not just warships but cargo vessels – like those carrying oil or gas trapped near the Strait of Hormuz. But American shipbuilding is in shambles, due to decades of shortsighted policies and neglect. Our submarine building program is sluggish. And our commercial shipbuilding is … Read more
Before the U.S. and Israel attacked Iran on February 28, an average of 100 vessels per day would safely traverse the Strait of Hormuz. On Wednesday, only one or two ships crossed the narrow waterway, according to MarineTraffic, a ship tracking website. Reopening the strait, which ordinarily handles some 20% of daily global oil shipments, is widely viewed … Read more
Suspected Iranian drones hit at least 3 ships in and around Strait of Hormuz – CBS News Watch CBS News Suspected Iranian drones hit at least three ships in and around the Strait of Hormuz overnight as fighting in the vital shipping lane escalates. CBS News chief correspondent Matt Gutman reports from Tel Aviv, Israel. … Read more
Trump says U.S. has hit 28 Iranian minelaying ships – CBS News Watch CBS News President Trump on Wednesday spoke about the Iranian military targets the U.S. has hit over the course of the war. CBS News chief White House correspondent Nancy Cordes reports. Source link
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IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing U.S. strikes over a dozen Iranian mine-laying ships 00:32 UP NEXT Connecticut house explosion leaves at least one dead 00:14 Pod of dolphins seen swimming in New York’s East River 00:14 Deadly fire breaks out on a postal … Read more
1m ago UAE says it is intercepting new “missile and drone attacks” from Iran The United Arab Emirates said it was deflecting a new round of missiles and drones launched by Iran on Wednesday morning. “The UAE’s air defenses are currently dealing with missile and drone attacks originating from Iran,” the country’s Ministry of … Read more
As concerns over the global oil supply intensify, President Trump has pledged that a little-known U.S. government agency will step in to insure ships sailing through the Persian Gulf, a move he said will maintain the “free flow of energy” as the Iran war continues. The Trump administration has tapped the U.S. International Development Finance Corporation, … Read more
How Iran’s threats against ships in Strait of Hormuz endanger global commerce, energy supplies – CBS News Watch CBS News Iran’s threats to set ships ablaze have caused traffic through the Strait of Hormuz slow to a crawl after two of the world’s largest shipping companies said they’re suspending travel through the waterway. Here’s why … Read more
Trump announces political risk insurance for ships in Gulf – CBS News Watch CBS News President Trump on Tuesday said he ordered political risk insurance for the financial security of all maritime trade traveling through the Gulf. CBS News’ Kelly O’Grady has more. Source link