Nuestra America Convoy flotilla departs from Mexico with aid for Cuba

Mexican Volunteers Launch Aid Flotilla to Support Cuba

In Progreso, Mexico, volunteers loaded boats with essential supplies for Cuba, facing severe economic challenges from U.S. oil restrictions. The grassroots initiative, named “Nuestra America Convoy,” encourages global support for the island. Marisela Vega noted increased donations, as awareness of Cuba’s plight grows, showcasing solidarity amid rising tensions between nations.

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FFFAI Flags War Risk Surcharges of Up to $4,000 per Container as 70% of Indian Exports Disrupted by Hormuz Crisis

India’s Freight Forwarders Seek Action on Gulf War Risk Fees

India’s freight forwarding industry is alarmed by soaring War Risk Surcharges (WRS) imposed by international shipping lines on Gulf-bound cargo. The Federation of Freight Forwarders’ Associations in India (FFFAI) has urged intervention from the Ministry of Ports, highlighting potential profiteering as exporters face increased financial strain and significant disruptions.

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India Invokes Essential Commodities Act to Tighten Grip on Energy Data Amid Hormuz Crisis

India Tightens Energy Data Oversight to Safeguard National Security

In a bold move, the Indian government has enacted the Petroleum and Natural Gas (Furnishing of Information) Order 2026, requiring real-time data sharing from the oil and gas sector under the Essential Commodities Act. This mandates all stakeholders to submit sensitive operational information, overriding confidentiality agreements to bolster national security amid energy reliance.

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FILE PHOTO: Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz

Iran Standoff Drives Oil Prices Above $110 Amid Rising Conflict

Iranian officials are hesitant to discuss reopening the Strait of Hormuz, focusing instead on US-Israeli military actions. Attacks on energy infrastructure and the assassination of notable figures hinder shipping resumption. Consequently, oil prices soared, aggravating economic concerns amid a potential US troop deployment, escalating tensions and complicating international relations.

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