Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.
Source: [CNBC](https://www.cnbc.com/2026/06/11/iran-strait-hormuz-oil-tanker-traffic-frontline.html)
Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.
Fox Corp. ’s board of directors has extended the contract of CEO Lachlan Murdoch through 2030 and also given him a raise in the form of a higher annual bonus and equity award.
A smiling and shirtless giant inflatable of Elon Musk appeared in Times Square to protest SpaceX a day before its historic IPO.
MEA spokesperson Randhir Jaiswal said two of the three vessels that came under attack were subject to sanctions administered by the US treasury's office of foreign assets control, while the Settebello had been classified as non-compliant. OFAC acts against vessels involved in violating US sancti...
The Navy responded when the Marshall Islands-flagged MT Olympic Life reported an explosion on its port side aft at 09. 45 UTC (3. 15pm IST) on May 26 while sailing around 60 nautical miles east of Oman, as per UK Maritime Trade Operations data.
The Trump administration renovated the Lincoln Memorial Reflecting Pool in Washington, DC. The changes are visible from space.