From ancient Greece to the Cold War, belligerents have fought for control over shipping
After president said other countries will join the military effort, none have. The White House says the operation is unfolding ‘perfectly'
Greek FinMin Kyriakos Pierrakakis to CNBC refers to acute energy crisis, possible disruptions; says Europe now better prepared
Greek Economy Minister warns prolonged disruption in a key global oil route could surpass past energy crises, as Europe prepares targeted support measures amid rising inflation and slowing growth
U.K. and French plan aims to give shipping companies confidence to use the strait after the fighting ends
Six weeks into the war against Iran, Netanyahu’s vision to land a decisive blow, has not yet materialized. Israel's military has hit hard, but its adversaries remain standing
The US and Iran may be preparing for a new round of negotiations this week aimed at de-escalating the conflict.
Gulf energy exporters worry Iran could escalate and close the Bab al-Mandeb, the main exit route for bottlenecked Persian Gulf oil
Mediators are struggling to solidify a fragile agreement with a lot of moving parts
European NATO members, including the UK and France, say they will not take part in a U.S. blockade of Iranian ports ordered by Donald Trump, instead pushing for a multinational mission to restore navigation once hostilities end
Iranian envoy Mohammad Fathali says Tehran is in “good contact” with New Delhi over Indian vessels passing through the Strait of Hormuz, a key oil route disrupted by the ongoing U.S.-Israeli war on Iran
The U.S. Central Command has notified seafarers of a blockade covering the Gulf of Oman and Arabian Sea, warning that all vessels entering the zone without authorization risk interception as tensions rise in the Iran conflict
Prime Minister Keir Starmer says Britain will not be drawn into the Iran conflict and opposes any blockade of the Strait of Hormuz, stressing efforts to fully reopen the critical global shipping route
Oil prices jumped more than 7% after the US announced plans to block shipping linked to Iran through the Strait of Hormuz, reviving supply fears and pushing crude back above $100 a barrel amid failed peace talks
More than a hundred crossings of the Strait of Hormuz have been recorded through this route over the past month
Vice president says marathon talks ended without a deal after Tehran refused to commit to not developing a nuclear weapon
Tehran has time on its side as the energy crisis puts pressure on President Trump to compromise
According to the Financial Times, Europe's airport industry has sounded the alarm over impending jet fuel shortages. ACI has warned EU Commissioner Apostolos Tzitzikostas that systemic supply failures could hit within 3 weeks unless the Strait of Hormuz reopens.
Trump demanded opening the strait. Tehran’s Revolutionary Guard is limiting ship traffic and charging tolls
He also warned against any tolls in the Strait of Hormuz, highlighting the importance of freedom of navigation