BWET Soars 4,427% in 2026 as Iran War Chokes Strait of Hormuz
Breakwave Tanker Shipping ETF has returned 4,427% in 2026 as Iran's Strait of Hormuz closure sent VLCC charter rates past $470,000 a day. Its 16% single-day drop shows the risk.
Topic
Shipping
Topic
Shipping
Saudi Defence Fund Accelerates Maritime Push After Houthi Advance
Saudi Arabia's defence fund is fast-tracking maritime sector investment after Houthi advances, reshaping naval procurement and Re…