NATO mulls Hormuz intervention amid economic pressure

NATO mulls Hormuz intervention amid economic pressure
NATO is discussing potential military assistance for ships passing through the blocked Strait of Hormuz if the waterway remains closed by early July, according to a report from Bloomberg News, citing alliance sources. The discussions represent a shift from NATO’s...
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Baltic Dry Index Down for 3rd Day

Baltic Dry Index Down for 3rd Day
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for the third session on Tuesday, falling about 1.2% to an over one-week low of 3,054 points, amid broad-based weakness across vessel segments. The...
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