Latest News About Hormuz reopening triggers oil slump, drug seizure

Oil prices dropped to a state unprecedented in recent memory after the Strait of Hormuz reopened.

The restart of tanker traffic relieved supply worries across world trade.

Europol said 1.4 tonnes of cannabis were recovered from captured parcels from drug traffickers.

Near Portsmouth lifeboats blocked a drifting fishing boat that had entered a busy shipping lane.

Diana leased a panamax vessel to Paralos Shipping at an favourable terms.

A Dutch hybrid biofuel‑ready ship was launched and commenced a contract with N‑Sea.

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