Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery

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Shipping traffic is recovering a week after the U.S. and Iran signed a deal to reopen the Strait of Hormuz but a renewed attack on a cargo ship Thursday threw fresh uncertainty over the fragile passage, halting the United Nations' evacuation plan and sending some tankers into reverse. In the week following the ceasefire announcement, 125 transits were recorded between June 15-21, marking the highest weekly total since the war began in late February, as tankers rushed to move stored Gulf crude before the 60-day truce window expires. On June 24, AXS Marine recorded 62 commercial vessel crossings , the highest single-day count since the war started, but only equivalent to 53% of the traffic on the same day last year. The Islamic Revolutionary Guard Corps on Wednesday declared that all ships must use only its northern route and comply with Iranian routing instructions. Hours later, the Ever Lovely a Singapore-flagged Evergreen container ship was struck on its starboard side by a proje...

Ryanair says it will reluctantly not charge parents to sit next to children

Image source, Getty Images By Jemma Crew Business reporter Published 25 June 2026, 12:47 BST Updated 7 hours ago Ryanair has changed its family seating policy to allow parents to sit next to their young children without paying a seat reservation fee, after an investigation was opened. Adults travelling with children who do not wish to pay for a reserved seat will now be told of their free seat allocation after check-in, which Ryanair said was in line with most other European airlines. Ryanair boss Michael O'Leary said it would "reluctantly adjust to this industry standard", but insisted its long-standing policy fully complied with laws and had given families "certainty". It comes after the Competition and Markets Authority (CMA) said it was looking into whether the policy was unfair under consumer law. The CMA said it would test whether the airline's new seating policy complies with the law, and that its investigation continues. 'Minor policy tweak' Under the old policy, Ryanair said adults travelling with children paid one reserved seat fee, and could select seats beside them for up to four children for free. This typically led to a fee of 8 each way, the CMA said when it launched its investigation earlier this month. It said at the time it was looking at whether the airline's "approach to seat reservations may mean parents are being charged for the airline to meet its child safety and disability related obligations as set out under aviation rules and will investigate to determine whether or not this practice is in line with consumer law". Other airlines offered to seat children next to a parent or guardian without a fee, or allocate seats together automatically during booking for free, it added. Ryanair said its policy had given families certainty of where they would be sitting at the time of booking, which they had valued. It said the "free parent seats" will now be available at the back of the aircraft, as front rows tend to be reserved. The "minor policy tweak" came into effect on Thursday, it said. It does not expect the change to have an effect on Ryanair's revenue. O'Leary hit out at the CMA for targeting its family seating policy, which he said had been "universally embraced by consumers as the most progressive and transparent in Europe". "Instead of promoting competitiveness and lower fares for consumers, the CMA is on a mission to force Ryanair to adopt the less transparent and less consumer-friendly family seating policy applied by most other airlines just because it's the industry standard," he said. 'Dragged into doing the right thing' A CMA spokesperson said: "Ryanair claims its seating policy now complies with the law, and we'll test that thoroughly. If true, it's a win for families who will no longer have to pay to sit with their children and it shows the impact our new powers are having. "But it doesn't change the fact families have been paying for 'mandatory family seats'. Our investigation remains ongoing."...

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