Peter Eavis

Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.

More tankers are moving through the Strait of Hormuz as shippers gain confidence, but the global supply of oil is still below demand.

The U.S. military is helping oil get out of the Persian Gulf on tankers, but Iran is still attacking the ships and scaring operators away.

Ssense’s comeback efforts include moving a core part of its business to the United States so American customers can avoid hefty tariffs.

With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.

Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.

An explosion at a port on Egypt’s Mediterranean coast set fire to two ships, including a U.S. gas storage tanker, according to maritime tracking firms.

Attacks on ships in the Strait of Hormuz and the Bab al-Mandab Strait are disrupting the passage of oil tankers in the Persian Gulf and the Red Sea.