Peter Eavis

Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped.

Iran has allowed a small number of vessels to pass, but that won’t alleviate pressure or risk for the shipping industry and energy markets any time soon.

Kharg Island exports 90 percent of Iran’s crude oil. It has also become a potential U.S. target. Peter Eavis, our Business reporter, examines how the small island in the Persian Gulf has become a s...

Ships with no ties to Israel or the United States would be allowed to pass, the government said, but it was unclear if any vessels would try.

But at just 35 miles wide, it did. It’s just the latest evidence of how dependent the global economy is on a handful of choke points.

The Jones Act dictates that only U.S.-made ships can move cargo between U.S. ports. They charge customers more for shipping than foreign vessels.

A U.S. attack or a move to seize control of Iran’s main oil export hub could cripple the country’s ability to profit from its natural resources. But it would also risk sending energy prices even hi...

The threats to shipping in the Strait of Hormuz are complicating President Trump’s calculations about how and when to end the war.

The Trump administration has yet to announce a process to return fees paid by companies and shoppers for tariffs now deemed illegal.

Our business reporter Peter Eavis looks at the global implications of the Strait of Hormuz, the narrow waterway to the south of Iran. He analyzes ship activity in the strait, comparing it before an...

The threat of prolonged attacks on oil tankers and other vessels is giving Iran an advantage, analysts say.

The company, which did not specify how much it was seeking, is expected to be one of many demanding compensation for levies ruled unlawful.

A French logistics behemoth promised $20 billion for the United States, but a year into President Trump’s second term, only a fraction of the money has arrived.

The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a large but unprofitable customer.