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Strait of Hormuz choked as war risk sends global shipping into freefall

KATHMANDU: Global shipping through the Strait of Hormuz has ground to a near standstill following escalating military conflict between the United States, Israel, and Iran, after strikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei on Saturday and prompted a wave…
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Strait of Hormuz crisis could spike global fuel prices

KATHMANDU: Tensions in the Gulf region have raised fears about a possible shutdown of the Strait of Hormuz by Iran. This comes after recent military actions by the United States, and experts warn that such a move could disrupt global…