Drone strike debris ignites fire at major UAE port; fresh strikes across Dubai and regional airports compound damage.
Maersk abandons Red Sea operations less than one month after February 4 restart; projects 2026 annual loss up to $1.5B.
Product tanker struck off Oman coast with one crew member killed; two additional vessels damaged in IRGC escalation.
World's three largest container carriers halt Hormuz passage effective March 1; all services reroute via Cape of Good Hope.
Over 150 freight vessels stalled as Iranian military broadcasts shipping ban following coordinated strikes on nuclear targets.