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Anthropic Sues Pentagon Over 'Supply Chain Risk' Designation
The company accused the DOD of using the label to punish Anthropic for refusing to allow the Pentagon to use its AI for mass surveillance and autonomous weapons.
Photo: Samyukta Lakshmi / Bloomberg
Iran Conflict Sends Shockwaves Through Global Shipping, Air Freight
Marine Traffic estimates that tanker transits through the Strait of Hormuz were down by 90% between February 25 and March 4.
Photo: iStock / FarzadFrames
U.S. to Offer $20B Reinsurance Program for Strait of Hormuz Shipping
President Donald Trump had previously vowed to offer insurance guarantees and possible U.S. Navy escorts to oil tankers transiting the Strait of Hormuz.
Photo: iStock / 35007
Iran Moving a Lot of Oil Through Hormuz, Satellite Tracker Says
Tehran has sent at least 11 million to 12 million barrels through the waterway since the war began on February 28.
Photo: iStock / HeliRy
Maersk Suspends More Container Services Due to Middle East Risks
Transport through the Strait of Hormuz remains at a near standstill as the Middle East war disrupts the vital waterway.
The Maersk Campton container ship. Photographer: Thierry Monasse/Getty Images via Bloomberg
Judge: Customs Already Has a Mechanism for Tariff Refunds
“They do it every day. They liquidate entries and make refunds,” said Richard Eaton, a judge of the U.S. Court of International Trade
Photo: iStock / Douglas Rissing
Qatar Has Loaded Its First LNG Cargoes Since Force Majeure
The trip still depends on navigation in the crucial Strait of Hormuz, which is effectively closed for commercial ships.
Ras Laffan Industrial City. Source: Getty Images
Disruption to Shipping in the Gulf Brings Record Cancellations
New import bookings have collapsed while cancellations spike, reports Dun & Bradstreet.
Image: iStock/matejmo
Reinsurers Triple Ship Insurance Costs After U.S. Torpedo Attack
If hostilities persist for another 10 days, buyback options may no longer be available.
Tug boats prepare to pull out an LNG Tanker vessel at the Cheniere Sabine Pass Liquefaction facility in Cameron, Louisiana, U.S., on Thursday, April 14, 2022. Cheniere Energy, Inc. is the largest producer and exporter of liquefied natural gas (LNG) in the United States and the second-largest LNG operator in the world. Photographer: Mark Felix/Bloomberg
Trump Sued by States Over New Tariffs After Supreme Court Loss
The states allege that Trump’s order announcing the Section 122 tariffs was “riddled with omissions and mischaracterizations."
Photo: Bloomberg
Iceland Wins Trademark Battle with U.K. Grocery Chain
The EU court said that allowing the supermarket to have exclusive rights to the "Iceland" name could mislead customers into thinking items were from the country rather than the grocer.
Photo: iStock / tupungato
USCIT Orders Trump Admin to Pay IEEPA Tariff Refunds
The ruling provides long-awaited clarity for businesses, given that the Supreme Court did not address the issue of refunds when it overturned the levies.
Photo: iStock / wildpixel
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