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Punta Arenas is at the intersection of changing shipping routes, new industries like green hydrogen, and the race for Antarctica. The U.S. and China have noticed.
Punta Arenas in the extreme south of Chile and the South American continent is again illusioned with the re edition of pre 1914 times, before the United States finished the Panama Canal and created the state of Panama, significantly cutting the time of shipping wishing to cross from the Pacific to the Caribbean and vice versa, and ensuring safe and reliable links between the East and West coasts of the US.
The Islamic Revolutionary Guard Corps of Iran has seized two oil tankers that were allegedly smuggling over 1.5 million liters of fuel in the Persian Gulf.
Iranian state media said on Friday that two oil tankers that were purportedly transporting gasoline smuggling in the Gulf had been captured and their crews detained. | Pulse Ghana
Incident comes amid heightened tensions between Iran, US in Persian Gulf.