A selection of today’s most relevant news in global logistics, international trade, transport, customs, and geopolitics — August 12, 2026.
Today’s Headlines
- America warns about EU regulations on phytosanitary standards
- Antimafia Commission investigates drug trafficking at Gioia Tauro
- Fire on Indonesian ferry leaves five dead and 41 missing
- Qatari LNG tanker attacked in Strait of Hormuz raises tensions
- Damietta strike shifts Eastern Mediterranean–Red Sea dynamics
- CNDC warns of complex truck transit to Argentina due to border closures
- NYK to acquire NS United in nearly $1 billion deal
- Oil prices rise to $87.66 as Strait of Hormuz remains closed
- Amazon allocates $600M tariff refund to select consumers
- Armenia moves to reclaim control of South Caucasus Railway from Russia
- Bulker refloated after blocking Dardanelles waterway
- Over half a million ghost companies in Spain fail to report finances
- Bahri VLCC fleet navigates new route to secure Saudi oil
- 3 tonnes of pregabalin seized at Turkey’s Ambarli port
- Marine underwriters expand high-risk areas following Houthi attacks
Today’s Analysis
🛢️ Qatari LNG attack and Hormuz closure lift oil to $87.66 and reroute Gulf tankers
Why it matters: Disrupted flows through the Strait of Hormuz are pushing oil to $87.66 and raising freight and war-risk costs for Middle East shipments.
- A Qatari LNG tanker was attacked in the Strait of Hormuz.
- Authorities have kept the Strait of Hormuz closed; vessel transits remain halted.
- Global oil prices climbed to $87.66 as markets priced supply risk.
- Saudi carrier Bahri is steering a VLCC flotilla on alternate routes to secure crude exports and avoid Houthi threats in the Red Sea.
- Marine underwriters expanded designated high-risk areas after attacks on Saudi-linked tonnage.
Reprice upcoming shipments with war-risk and bunker surcharges, and confirm routing via safer corridors. Shift liability in new contracts by tightening Incoterms and force-majeure language. Lock in space early as carriers re-sequence sailings and escorts drive schedule drift.
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