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Iran faces strait of Hormuz paradox as strategic value of chokehold erodes

Internal calls to end war get louder as Gulf neighbours plan alternative pipelines to cut reliance on waterway Is the strait of Hormuz, recently cited by the office of the Iranian supreme leader as “the pillar of Iran’s new security order”, and as transformative as possessing a nuclear weapon, in reality becoming a fast-diminishing asset, leaving Iran increasingly vulnerable to the new planned US…

Iran faces strait of Hormuz paradox as strategic value of chokehold erodes

We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.

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SK Gas Pays Record Panama Canal Transit Fee

The “express transit fee” paid by a single vessel to pass through the Panama Canal has surpassed 7 billion won.SK Gas has agreed to pay $5.30 million (about 7.3 billion won) for passage through the…

  • SK Gas paid $5.30 million for Panama Canal transit.
  • Surpasses previous record of $4.60 million.
  • Set due to geopolitical risks and climate concerns.

Hankook Tire Sweeps Six Accolades at the 2026 Red Dot Design Awards

The global tire maker Hankook Tire & Technology (Hankook Tire) has secured six awards in the Design Concept category at the Red Dot Design Award 2026, including two prestigious "Best of the Best"…

  • Hankook Tire wins six Red Dot Design Award accolades in 2026
  • All six entries receive recognition in Design Concept category
  • i-Flex Gen 2 and Medi Buddy showcase future mobility and sustainability

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