15 Hrs
Source:
الشبيبة
Cargo ship transits Hormuz at recent low
Iran permitted Iraqi oil tankers to pass through the Strait of Hormuz after Baghdad's repeated requests, in a move that underscores the importance of the passage for Iraq and global markets. This came at a time when the strait experienced its lowest number of ship crossings since May, with only one vessel passing through, reflecting how tensions are impacting shipping activity. Additionally, the Sultanate of Oman issued a royal decree on the occasion of the Prophet Muhammad's birthday, and international reports highlighted the extent of SDMX standards' contribution to unifying Gulf and global statistics since 2008, aimed at strengthening cooperation and establishing unified data.
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