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UK Maritime Trade Operations said on the evening of the 11th a container ship in waters near Oman was attacked, suffering stern damage and an onboard fire; UKMTO said on the 12th the vessel's crew were rescued by local authorities. On the 12th, the O

2026-07-12

UK Maritime Trade Operations said on the evening of the 11th a container ship in waters near Oman was attacked, suffering stern damage and an onboard fire; UKMTO said on the 12th the vessel's crew were rescued by local authorities. On the 12th, the Oman Maritime Safety Center said a Cyprus‑flagged merchant ship suffered an incident about 4.4 nm off Musandam, near the Strait of Hormuz; Omani rescue units recovered 23 crew and provided emergency medical aid, and search continues for one crew member still missing.

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2026-07-12

Iran’s military spokesman said the Islamabad memorandum assigns responsibility for maritime traffic management in the Strait of Hormuz to Iran and accused the US of attempting to impose an unauthorized shipping route in the southern Strait, which wou

Iran’s military spokesman said the Islamabad memorandum assigns responsibility for maritime traffic management in the Strait of Hormuz to Iran and accused the US of attempting to impose an unauthorized shipping route in the southern Strait, which would violate that memorandum. He said Tehran is coordinating a joint navigational arrangement with Oman for the strategic waterway. He warned that US strikes on Iranian islands, coasts or facilities have been met with decisive responses and said Saturday night’s US action was immediately retaliated. He added Iran’s armed forces have continued to strengthen readiness during and after the ceasefire, using the pause to enhance capabilities and update operational plans.
2026-07-13

Omdia says ongoing component cost inflation is increasing financial pressure on smartphone makers, prompting cuts to entry-level SKUs and a portfolio shift toward higher‑margin mid‑ and high‑end models. To meet rising performance expectations and sup

Omdia says ongoing component cost inflation is increasing financial pressure on smartphone makers, prompting cuts to entry-level SKUs and a portfolio shift toward higher‑margin mid‑ and high‑end models. To meet rising performance expectations and support higher retail prices, high‑end and flagship phones are raising storage configurations while entry‑level models are being downgraded. Omdia senior research manager Jusy Hong said this product differentiation will further deepen storage‑configuration polarization in the smartphone market this year.
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