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New York Times Business News - April 20, 2019

Posted to Maritime Reporter on April 20, 2026

These are the top business stories from the New York Times. These?stories have not been?verified' and?the?New York Times cannot vouch for the accuracy of these stories. After two months of war, sales in the Persian Gulf countries have plummeted. Chris Wright, U.S.

Starmer: Over a dozen nations offer to take part in the Hormuz Mission

Posted to Maritime Reporter on April 17, 2026

Several dozen countries have said they are willing to 'join an international mission for the protection of?shipping along the Strait of Hormuz if conditions allow,' said Britain, at a time when Donald Trump, U.S. president, said he didn’t need any allies’ help.

Merz pledges German contribution to Hormuz mission, says US input 'desirable'

Posted to Maritime Reporter on April 17, 2026

German Chancellor Friedrich Merz stated 'on Friday' that his country was "prepared" to contribute a mission that would ensure freedom of navigation through the Strait of Hormuz. Merz, along with his counterparts in France, Britain, and Italy…

Iran suspends exports of petrochemicals until further notice

Posted to Maritime Reporter on April 16, 2026

The economic newspaper Donya-e-Eqtesad published a report on Thursday that Iran had halted all exports of petrochemicals in order to 'prioritise the domestic supply' and prevent shortages. This was due to the?disrupted production? after Israel attacked several petrochemical centers.

When the conflict ends, countries will discuss the mission of Hormuz

Posted to Maritime Reporter on April 16, 2026

France and Britain are hosting a meeting of 40 countries on Friday. The purpose is to signal the United States that some of its closest allies will be'ready' to play a part in restoring the freedom of navigation through the Strait of Hormuz, once the conditions permit. Since the beginning of U.S.

How the US can clear mines in the Strait of Hormuz

Posted to Maritime Reporter on April 16, 2026

The United States could use drones, robots with explosives and helicopters in order to reduce the risks. However, de-mining teams could still be at risk from Iranian attacks. As part of its efforts to stop Iran's shipping disruption, the U.S. wants to clear the Strait of Mines.

The Iran War exposes the weakness of Britain's military

Posted to Maritime Reporter on April 16, 2026

After years of warnings by military chiefs that the UK's capabilities were shrinking, the Iran war left Britain's armed services exposed. This put pressure on Keir starmer, Prime Minister, to make good on his promise to invest in defence. After…

NATO allies reject Trump's Strait of Hormuz Blockade

Posted to Maritime Reporter on April 13, 2026

The United States' NATO Allies said Monday that they would not be 'involved' in President Donald Trump’s plan to blockade Strait of Hormuz. This will further escalate tensions within the fragile alliance. Trump claimed that the U.S. After weekend talks failed, the U.S.

Safe-haven dollar increases as US-Iran talks fail, US to blockade Iran port

Posted to Maritime Reporter on April 13, 2026

The dollar strengthened on Monday as peace talks between the U.S.A. and Iran collapsed and the U.S. Navy prepared to blockade Iranian ports. Meanwhile, the Hungarian forint rose after the centre-right Tisza Party defeated?Viktor Orban by a large margin in an election victory.

Safe-haven dollar gains when US-Iran talks fail, US will blockade Iran port

Posted to Maritime Reporter on April 13, 2026

The dollar, a safe-haven currency, firmed up on Monday after peace talks broke down between the U.S.A. and Iran and the American Navy prepared to?blockade Iranian ports. Meanwhile the Hungarian forint rose after the centre-right Tisza Party defeated Viktor Orban by a large margin.

Dollar gains in FOREX as peace talks fail, US blockade Hormuz

Posted to Maritime Reporter on April 13, 2026

As peace talks between the U.S., and Iran fell apart and the American Navy prepared to blockade Iranian ports, the safe-haven greenback advanced. However, the dollar lost some of its gains as the trading session progressed. Both currencies have recovered from their previous lows.

Dollar gains in FOREX as peace talks fail, US blockade Hormuz

Posted to Maritime Reporter on April 12, 2026

As the peace talks between Iran and the U.S.?broke up and the U.S. The Navy was preparing a?blockade of?Iranian port. The euro fell by 0.3% to $1.1684, and the British pound dropped 0.5% to ÂŁ1.3398. The Australian dollar, which is a risky currency, was down 0.6% at $0.7030.

The FOREX Dollar strengthens when peace talks fail and the US begins its blockade against Iran's ports

Posted to Maritime Reporter on April 12, 2026

In early Asian trade on Monday, the dollar gained strength against most of its peers in a broad rally. Peace talks between the U.S. Navy and Iran had broken down. The U.S. Dollar Index, which measures the strength of the greenback against a basket?of six currencies, rose as much as 0.5% to 99.187.

Downing Street reports that Starmer and Trump discussed opening the Strait of Hormuz.

Posted to Maritime Reporter on April 9, 2026

British Prime Minister Keir Starmer met with the?U.S. Donald Trump, the President of the United States, spoke with?Keir Starmer on Thursday about?the necessity of a plan that would restore shipping through Strait of Hormuz as quickly as possible. Downing Street announced a ceasefire with Iran.

French Foreign Minister: Lebanon must be included in ceasefire agreement

Posted to Maritime Reporter on April 9, 2026

French Foreign Minister Jean Noel Barrot stated on Thursday that the ceasefire agreement between Iran and the United States should also cover military actions in Lebanon. He added that France had condemned Israel's "massive strikes" of Wednesday.

Hapag-Lloyd says normal shipping will resume in 6-8 weeks, if the Middle East stabilises

Posted to Maritime Reporter on April 8, 2026

Hapag-Lloyd expressed cautious optimism on Wednesday about the prospects of resuming shipping in the Strait of Hormuz after a?two-week 'ceasefire' agreed by?the U.S.?and Iran. However, it said that normal traffic across its entire network would not resume for at least six to eight weeks.

French Navy chief: China needs to be more involved in Strait of Hormuz discussions

Posted to Maritime Reporter on April 1, 2026

France's Navy Chief said that China may 'at some point' have to take a more direct role in re-establishing?traffic flows? through the Strait of Hormuz, because its number of ships is probably insufficient. "We have not seen the Chinese navy intervene to reopen this strait.

Norway increases its long-term defense plan by $12 billion

Posted to Maritime Reporter on March 27, 2026

The government announced on Friday that Norway will increase its defence expenditures by 115 billion crowns (about 11.87 billion dollars) between now and 2036 to compensate for the rising costs of military equipment. According to the government…

UK looks at expanding its regulatory powers to combat energy price gouging and profiteering

Posted to Maritime Reporter on March 23, 2026

Keir Starmer, Britain's Prime Minister, said on Monday that his government may re-examine the powers of the Competition Regulator to combat price gouging in the energy market. Starmer, a member of a parliamentary committee, said: "We are looking at ways to combat 'profiteering.

Starmer: UK must prepare for a prolonged Middle East conflict

Posted to Maritime Reporter on March 23, 2026

Keir Starmer, British Prime Minister, said on Monday that Britain must prepare for the possibility that a war with Iran could last for some time. He added that there were no "meaningful" concerns about energy supply. Starmer said that the emergency…