Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude ...

German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.

German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.

German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.

On June 22—just hours after U.S. bombers struck Fordo, Natanz, and Esfahan—the Majlis (Iran’s parliament) declared that Iran should close the Strait of Hormuz.

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.

Shipping groups avoid the Strait of Hormuz to reduce exposure after U.S. strikes on Iran By Sam Meredith, CNBC • Published June 23, 2025 • Updated on June 23, 2025 at 7:44 am ...

Shipping costs through the Strait of Hormuz are rising - even as oil prices are dropping. So what happens if Iran closes the waterway? Provided by Dow Jones Jun 23, 2025, 2:08:00 PM ...