Hyundai reroutes ships around the Cape as Hormuz tensions disrupt supplies
Hyundai Motor Co is rerouting ships around Africa to avoid the Strait o[……] Read More
Billionaire CEO details limited tanker traffic moving through Strait of Hormuz
United Refining Chairman and CEO John Catsimatidis gives his oil projection amid the ceasefire[……] Read More
Strait of Hormuz closed again as Israel intensifies strikes against Lebanon
Israel launched its largest assault on Lebanon since the start of its i[……] Read More
Shipowners eye Hormuz truce with 800 vessels still trapped
Shipowners are rushing to understand the fine print of a US-Iran ceasef[……] Read More
Asian stocks rally after Iran ceasefire, yet details on Hormuz opening remain unclear
Asian markets surged Wednesday morning as investors welcomed a two-week ceasefire between the U.S. a[……] Read More
UN resolution on ‘coordinated efforts’ to reopen Strait of Hormuz fails
Russia and China vetoed a United Nations Security Council resolution th[……] Read More
Trump insists on Hormuz opening
President Donald Trump insisted that freedom of navigation through the[……] Read More
Iran partially reopens Strait of Hormuz. What next for oil price?
Five weeks into a war that has sent oil prices soaring and left global shipping in disarray, Tehran[……] Read More
Iran says Iraqi ships are allowed to use Strait of Hormuz
The Iranian military said major oil producer Iraq is exempt from shipping restrictions in the Strait[……] Read More
Newt Gingrich wants to drop a nuke on the Strait of Hormuz. America actually looked at the same thing in 1977 in Latin America
President Dwight D. Eisenhower’s administration had already begun promoting atomic energy to generat[……] Read More
UK accuses Iran of Hormuz ‘hijack,’ holding global economy hostage
Britain accused Iran on Thursday of holding the world’s economy hostage as diplomats from more than[……] Read More
Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about
In a primetime address to the nation Wednesday night, President Donald Trump cast the U.S. effort in[……] Read More