The seven-day moving average through the Strait of Hormuz fell to just 3.1 vessels a day compared with 86 a year ago, while tanker movement has nearly ground to a halt

Another cargo ship has come under fire in the Strait of Hormuz, according to the British maritime security agency UKMTO. The vessel was hit by an unknown projectile, UKMTO said on Wednesday.

The US is discussing a $10bn joint investment fund with Arab states to repair energy and other infrastructure damaged during the Iran war, while also building new pipelines and other facilities, to help the region circumvent the Strait of Hormuz.

(ANSA) - ROME, 22 SET - Foreign Minister Antonio Tajani said he had discussed negotiations to reopen the Strait of Hormuz with Iranian counterpart Abbas Araghchi on the sidelines of the United Nations General Assembly in New York on Tuesday.

A Reuters report on Iran's Hormuz offer sent defense primes tumbling Tuesday morning, but the selloff in Lockheed Martin and RTX started long before today's headline, raising a harder question about what the market is actually pricing in.

The Strait of Hormuz is closer to closed than open, yet crude just fell and Exxon barely stirred. Understanding that contradiction reveals exactly how much upside the market is leaving on the table.

Strait of Hormuz shipping attacks escalate as International Maritime Organization Secretary General Arsenio Dominguez joins 'America's Newsroom' to discuss global maritime security. Following reports of a projectile hitting a tanker,

The comments from a US CENTCOM spokesperson come amid continued tensions over shipping through the vital waterway.

The Treasury Secretary said that Washington was pressuring Iran "like never before"