Transits in the Strait of Hormuz dropped to their lowest numbers since the first days of the U.S.-Israel offensive in Iran, according to merchant shipping data. The shipping industry continues to be caught between the U.

Iran is considering using dolphins armed with mines to blow open the Strait of Hormuz, which has been under a financially crippling US military blockade for weeks.

By Timothy Gardner WASHINGTON, May 1 (Reuters) - Any shippers paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red Crescent Society,

Nord,” one of the world’s most expensive superyachts, features two helicopter pads, luxury lounge decks, and an 80-foot swimming pool at the stern.

Iran has offered to end its control over the Strait of Hormuz if the U.S. lifts its blockade and ends the war. That's according to regional officials. The proposal that emerged Monday would

As the war in Iran enters its ninth week with no clear end in sight, shipping in the Persian Gulf and the Strait of Hormuz has been completely reshaped.

Vince Tizzio, Axis Capital, joins 'Power Lunch' to discuss maritime insurance around the Strait of Hormuz, who is in charge of the Strait and much more.

Seattle faces record gas prices, with analysts predicting $7 to $8 per gallon if the Strait of Hormuz remains closed.

Increasing numbers of oil tankers are filling up on crude in the Red Sea as shipping firms give up on the Strait of Hormuz reopening.