Persian Gulf Strait Authority (PGSA), established last month to oversee a new transit protocol in the waterway, said that “applicants who have received a transit permit are asked to be patient and awa

IRGC issued a stern warning that Strait of Hormuz will be "closed to all vessels" and any ship attempting to pass through it could be targeted.

Hostilities between the U.S. and Iran have escalated, with Iran retaliating against U.S. air and cruise missile strikes.

The strait is a crucial maritime route, through which 20 percent of global oil and natural gas is shipped in peacetime.

Iran responded to U.S. strikes, which followed the crash of an American Apache helicopter.

With the latest exchanges of fire between the United States and Iran, the war in the Persian Gulf and its fragile ceasefire — marked by increasingly serious skirmishes — has entered a new phase, the most dangerous yet,

Oil prices rose on Friday after the US and Iran exchanged fire in the key Strait of Hormuz waterway. The US said it made self‑defence strikes in response to "unprovoked" Iranian attacks as US ships were heading out of the Gulf through the strait,

Oil prices rose after US and Iranian forces exchanged fire at the Strait of Hormuz, the first clash since the 7 April ceasefire, stoking fresh supply fears in a key global shipping lane.

US and Iran exchanged military strikes near the Strait of Hormuz after an Apache helicopter was downed. Oil surged while Bitcoin showed resilience amid