Trump Rejects Iran’s Strait Of Hormuz Transit Fee Proposal, Vows To Protect Global Shipping

Energy, aviation and trade fears grow as US-Iran standoff enters new phase

Cargo ship reports strike in Strait of Hormuz

Conflicting signals from the United States and Iran over the status of talks to end their five-month-old war boosted uncertainty on Tuesday, with the latest attack ‌on shipping in the Strait of Hormuz highlighting risks to global energy flows.

Six Saudi ships divert around Africa, adding two weeks to their voyages, to circumvent a Houthi-declared shipping blockade in the Red Sea chokepoint.