Business
Ships advised to keep their distance from Iran around Hormuz Strait
Iran has in the past threatened to close the critical Strait of Hormuz to traffic in retaliation for Western pressure.

Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran’s waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday.
Iran has in the past threatened to close the critical Strait of Hormuz to traffic in retaliation for Western pressure. Any closure of the strait could restrict trade and affect global oil prices.
In the latest measure, ships sailing towards Hormuz are looking to minimise risks and are sailing close to Oman’s coast for much of the journey.
The Gulf of Oman is 200 miles (320 km) wide – much of it international waters – and is bordered by Oman and Iran, as well as the United Arab Emirates and Pakistan, which have territorial waters of 12 miles.
Journeys will still need to be made through Hormuz itself, which is 21 miles (33 km) wide at its narrowest point. The two shipping lanes are just 2 miles (3 km) wide in either direction.
A larger cluster of ships was sailing closer to the Omani coast on Wednesday, while mainly Iranian-flagged vessels were sailing within Iranian waters, according to ship-tracking data on the MarineTraffic platform.
“Taking into account that during the past, there have been incidents of violations of freedom of navigation and maritime safety for merchant vessels near the shores of Iran, we strongly suggest that Greek-flagged vessels sail, if possible, away from waters of Iranian jurisdiction when in the Persian Gulf, Strait of Hormuz and Gulf of Oman,” the Greek Shipping Ministry said in a statement on Tuesday.
Iran’s Supreme Leader Ayatollah Ali Khamenei said in a statement read by a television presenter on Wednesday that his country will not accept U.S. President Donald Trump’s call for an unconditional surrender, in his first comments since Israel began bombarding Iran on Friday. Iran has responded with deadly barrages across Israel.
Electronic interference with commercial ship navigation systems has surged in recent days around the Strait of Hormuz and the wider Gulf, adding to risks for sailors hauling oil cargoes.
Average earnings for the supertankers that carry a maximum of 2 million barrels of oil have surged in recent days to over $50,000 a day from over $20,000 a week ago, according to analysts.
“The regional threat level remains significant as strikes continue from both Iran and Israel,” the multinational, U.S.-led Combined Maritime Forces JMIC Information Center said in an advisory, adding that the maritime threat level is elevated.
QatarEnergy has instructed tankers to remain outside the Strait of Hormuz and to enter the Gulf only the day before loading, amid military strikes between nearby Iran and Israel, two sources familiar with the matter told Reuters on Tuesday.
Business
Ghulam Khan border crossing in Khost temporarily reopened after two-week closure
The crossing had been closed by Pakistani authorities nearly two weeks ago without any formal explanation.

The Ghulam Khan border crossing in Afghanistan’s southeastern Khost province has been officially reopened for a period of 15 days, following a two-week closure that disrupted trade between Afghanistan and Pakistan, according to Border Police spokesperson Abidullah Uqab Farooqi.
Farooqi stated on Tuesday, July 16, that the temporary reopening would allow for the resumption of cargo transportation and trade activities between traders and freight companies. He emphasized that the move will help prevent further spoilage of perishable goods that had been stuck at the border.
Ghulam Khan is considered one of the most critical trade gateways between Afghanistan and Pakistan. It plays a vital role in the transportation of essential goods and raw materials between the two neighboring countries.
The crossing had been closed by Pakistani authorities nearly two weeks ago without any formal explanation. The abrupt shutdown caused significant disruptions for Afghan traders and truck drivers, with many reporting financial losses due to delayed shipments and rotting goods.
While the border has now reopened temporarily, Pakistani officials have yet to issue any formal statement regarding either the initial closure or the rationale behind its reopening.
Business
Afghanistan-Pakistan trade surges 25% to nearly $2 billion in 2024
The growth was largely driven by a 31 percent increase in Pakistani exports, which rose to $1.391 billion, while imports from Afghanistan grew by 13 percent, reaching $607 million

Bilateral trade between Afghanistan and Pakistan rose by 25 percent in the fiscal year 2024–25, reaching $1.998 billion, up from $1.603 billion the previous year, a Pakistani official told local media.
The growth was largely driven by a 31 percent increase in Pakistani exports, which rose to $1.391 billion, while imports from Afghanistan grew by 13 percent, reaching $607 million, The Nation reported.
Among Pakistan’s top-performing exports was sugar, which saw a staggering 4,333 percent increase, climbing from $5.93 million in FY2023–24 to $262.77 million.
Other key exports included construction materials, textiles, and pharmaceuticals.
However, some products—including rice, eggs, salts, electrical equipment, and footwear—recorded year-on-year declines of between 17 and 99 percent.
On a monthly basis, June 2025 marked a strong finish, with exports rising 90 percent year-on-year to $142 million, up from $75 million in June 2024. Imports, however, fell by 29 percent year-on-year and by 54 percent compared to May 2025.
Overall, June 2025 bilateral trade stood at $158 million, reflecting a 62 percent year-on-year increase and a 9 percent rise month-on-month, suggesting momentum in trade ties despite fluctuations in certain import categories.
Analysts attribute the surge to improved regional connectivity, enhanced trade facilitation, and greater demand for Pakistani goods in Afghan markets.
Business
Iran’s non-oil exports to Afghanistan totaled $510 million in first quarter
A technical meeting in Kabul on April 10 reviewed progress on the Tehran-Kabul economic pact, focusing on trade, transit, mining, and agriculture.

Iran exported $510 million in non-oil goods to Afghanistan between March 21 and June 21, making it Iran’s fifth-largest export destination, according to the Iran Customs Administration.
Officials and business leaders emphasized the growing trade relationship was key to regional stability. At a recent Iran-Afghanistan trade conference, ICCIMA’s deputy head, Payam Baqeri, called for a deeper economic partnership, citing shared history and complementary resources—such as Iran’s industrial infrastructure and Afghanistan’s mineral wealth.
Baqeri also highlighted efforts to expand trade through joint ventures, workforce development, and easing trade barriers. Meanwhile, Iran’s Agriculture Minister expressed readiness to boost cooperation in agricultural services and called for a joint committee to advance bilateral ties.
A technical meeting in Kabul on April 10 reviewed progress on the Tehran-Kabul economic pact, focusing on trade, transit, mining, and agriculture.
Bilateral trade between the two countries surged by 84% in 2024, reaching $3.2 billion.
Iran exported $3.14 billion worth of goods—mostly oil products, steel, food, and construction materials—while Afghanistan’s exports to Iran, mainly raw and agricultural products, grew by 116% to $54 million.
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