Why reopening Strait of Hormuz is ‘too high’ a risk for merchants — even with military escort
"What the US Navy accepts is risk to send ships through tends to be different than what the merchant ships do." ...
Iran reopens Strait of Hormuz, but threatens to close it again as the US maintains its blockade
Iran says the Strait of Hormuz is fully open to commercial vessels. But President Donald Trump says the American blockade on Iranian ships and ports will stay in force until Tehran reaches a deal with ...
Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say
Iran has offered to end its control over the Strait of Hormuz if the U.S. lifts its blockade and ends the war. That's according to regional officials.
China will work behind the scenes to help reopen the Strait of Hormuz, Bessent says
China will use its influence on Iran to help reopen the Strait of Hormuz, U.S. Treasury Secretary Scott Bessent told CNBC on ...
Seized ship taken toward Iran as Trump and China's Xi agree Strait of Hormuz "must remain open"
A ship was taken by unknown parties toward Iranian waters after an Indian-flagged vessel was attacked off Oman.
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Crude oil prices plummet on speculation Strait of Hormuz could soon reopen
July WTI crude oil (CLN26) on Wednesday closed down -5.89 (-5.66%), and July RBOB gasoline (RBN26) closed down -0.1911 (-5.35 ...
Iran draws new Strait of Hormuz Boundaries in huge humiliation for Trump
Iran's move puts peace talks under more strain.
US turns to drones after retiring minesweepers to reopen Strait of Hormuz amid Iran crisis
The U.S. is racing to reopen the Strait of Hormuz as Iran reportedly lays mines in the critical waterway, testing the Navy's shift to unmanned systems.
U.S. says 'Project Freedom' will reopen Hormuz Strait for commerce. Experts are skeptical
President Donald Trump announced the operation Sunday, saying the U.S. will "guide" ships stuck due to the Iran war through ...
What to Know About Iran’s ‘Selective’ Closure of the Strait of Hormuz—and Why It Matters
Experts say that Iran’s effective control over the Strait of Hormuz, allowing certain countries safe passage, gives it leverage in the face of Trump’s threats—and potentially over the global economy ...