The flow of shipping through the Strait of Hormuz experienced a significant decline on Thursday due to escalating tensions between the United States and Iran. This strategic chokepoint, vital for global energy trade, saw only three commodity vessels traverse its waters, marking the lowest daily traffic since May. The heightened security concerns, sparked by recent assaults on commercial ships and increased military hostilities, led...
An independent review has been initiated by Ireland's National Transport Authority (NTA) to investigate a rail traffic management system that was abandoned after incurring costs of €50 million. The project, undertaken by Spanish technology company Indra, was initially expected to reach completion by June 2024. However, it failed to produce a system that could be safely implemented. Consulting firm EY has been tasked with...
