The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles around 26% of the world’s oil ...

The Strait of Hormuz also brings 25% of ammonia, 20% of DAP, 10% of MAP and 30% of sulfur global exports. Taylor says an important factor would be the timing.

Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on By Sam Meredith, CNBC • Published June 17, 2025 • Updated on June 17, 2025 at 2:31 am ...

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.

A spokesperson for German-based container shipping liner Hapag-Lloyd said the threat level for the Strait of Hormuz remains "significant," albeit without an immediate risk to the maritime sector.

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 ...