🇮🇷 Hormuz just fell off a cliff. Crossings dropped 77% in a single day.
Only 5 ships got through, and every one of them used the Iran-approved route.
That’s how little confidence is left in the normal routes.
Meanwhile, Bab el Mandeb kept moving with 47 crossings, even with shadow fleet and dark ships in the mix.
U.S. and Iran still talking past each other.
Writer: Claudio
https://t.co/AIp5qP7cjD
🇵🇰 Pakistan greenlit the final link in its massive 1,600-km national oil pipeline from Karachi to Peshawar.
The project aims to slash fuel transport costs by up to 30%, cut road accidents, and reduce pollution from tanker trucks.
It will modernize logistics and strengthen energy security by moving refined products more efficiently to key provinces.
However, tanker drivers and owners are concerned about major job losses once the pipeline is operational.
A drivers' association has already threatened protests if no alternative employment or compensation is provided.
Source: Nikkei Asia / Writer: Lucas
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