The boat was costlier to build than a traditional model, but the company estimates its reduced operational costs will pay for the difference in eight years.

The Strait of Hormuz has been effectively shut with Iran attacking vessels and its Supreme Leader, Mojtaba Khamenei, vowing to keep it blocked. This has led to panic about the supply of oil and ...

EADaily, March 13th, 2026. Iranian unmanned boats and modern naval mines are turning the Strait of Hormuz into a high-risk ...

Overnight in the Capital Region, prices at the pump spiked due to the war in Iran. Hanging around $1.95 per litre in Greater Victoria Friday morning, experts say it may only get worse. “The bottom ...