shipping routes

The US military is launching strikes on Iran as clashes escalate over shipping routes. Houthi militants in Yemen claimed to have struck two Saudi tankers in the Red Sea, causing global oil prices to exceed $100 a barrel for the first time since May.

A new assessment suggests Iran has become more resilient despite US and Israeli attacks, gaining influence over global energy markets. Renewed conflict could disrupt four major shipping routes, drive inflation, and challenge Western unity and global economic stability.

Climate scientist Li Xueke moved from the University of Pennsylvania to City University of Hong Kong to study Arctic shipping routes and economic impacts of climate change. His research focuses on how warming temperatures are transforming the Arctic into a seasonally navigable ocean.

The White House stated President Trump will only sign agreements that serve US national interests and security. A spokeswoman cited recent energy market movements, noting oil prices fell after a memorandum was signed and predicting they would return to pre-conflict levels due to expected stability in global energy supplies and shipping routes.

US Defense Secretary Pete Hegseth stated the ceasefire with Iran remains in effect, emphasizing active negotiations and unimpeded shipping through contested routes. He warned Iran against attacking ships and indicated a potential deal is likely, while the US maintains military pressure and supports Israel's actions in Lebanon.

The Chinese government launched a maritime enforcement operation east of Taiwan to assert jurisdiction and secure shipping routes. The move follows recent maritime boundary talks between Japan and the Philippines, which China condemned as a violation of its sovereignty.