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FATF warns hawala and underground banking are fueling global money laundering
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FATF warns hawala and underground banking are fueling global money laundering

A new FATF report warns that hawala and underground banking networks are increasingly exploited for money laundering, citing an Oman-Pakistan case.

Multiple blasts heard near Iran’s key oil export hub on Kharg Island
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Multiple blasts heard near Iran’s key oil export hub on Kharg Island

Multiple blasts were heard near Kharg Island—Iran's primary crude oil export terminal in the Persian Gulf—on Saturday, with state-affiliated media reporting unconfirmed claims that a US missile targeted an Iranian oil tanker near the island

Panama Canal slashes daily vessel transits as El Niño drought drains vital feeder lakes
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Panama Canal slashes daily vessel transits as El Niño drought drains vital feeder lakes

The Panama Canal Authority has initiated progressive transit restrictions, reducing daily vessel passages from 36 to 32 by mid-September as a historic El Niño-driven drought severely lowers water levels in Gatun and Alajuela lakes