Soaring fuel costs, normally the industry’s second-biggest cost after crew, have forced airlines to scrap tens of thousands of flights.

India is the first market where Novo Nordisk faces generic competition for semaglutide — the active ingredient in Ozempic and Wegovy.

The route, which runs through Kazakhstan and Turkmenistan can only go a small way toward making up for the U.S. blockade.

The move is part of a broader shift toward international e-commerce and prioritizes growing demand in Singapore for products sourced from overseas.

It’s possible some shipowners will view the Islamic Revolutionary Guard Corps' pronouncement as an opportunity to attempt passage.

With a 55% tariff on any additional volumes, the looming quota fulfillment will likely bring Brazil’s trade with China to a halt. 

Since May 4, nearly 60 vessels across different types sailed into an area off Dubai — an unusually large number.

Acting Attorney General Todd Blanche declined to provide additional details about the probe, but said the agency would seek to move rapidly. 

Project Freedom was set to begin on May 4, with the U.S. military pledging to provide support, including the use of guided-missile destroyers, aircraft and drones.

This new effort does not currently involve U.S. Navy escorts, but rather a coordination process for countries, insurance companies and shipping organizations.