Hormuz

Saudi Arabia considers introducing cheaper insurance to increase shipping in Middle East - report

Saudi Arabia, like many countries in the region, has had its economy severely impacted by the war. The Saudi Finance Ministry is considering offering a cheaper insurance option to revive shipping.

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 17, 2026.
US President Donald Trump reacts as he speaks to the media with US Treasury Secretary Scott Bessent behind him, on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Strategy or physical withdrawal: What does Washington’s shift from airstrikes to sanctions signify?

US Secretary of the Treasury Scott Bessent takes questions from reporters as he speaks during a press conference in Washington, DC on August 24, 2026. Bessent, in a column for the Financial Times, declared that an "economic D-Day" had begun against Tehran on Monday.

Iran economic sanctions leading to extremist regime elements gaining power, dissident says - report

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Several oil companies to avoid using ships on Iran's blacklist over security concerns, sources say


Shippers remain cautious on Strait of Hormuz transit after US, Iran agree on deal

Shippers have welcomed the news of the deal but are still waiting for more details, including mine clearance in the strait.

Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, June 10, 2026.

Beirut claims Israel struck Lebanon for first time since US-Iran ceasefire announced

US-Iran agreement to be signed in Switzerland on Friday • World congratulates all parties for reaching agreement • Israeli leaders decry inclusion of Lebanon in US-Iran deal

Smoke billows from southern Lebanon following an Israeli strike, as seen from Nabatieh, Lebanon, June 13, 2026.

US-Iran deal agreed upon after Iran vows IDF strikes on Beirut will ‘not go unanswered’

US to cut NATO support • Qatar made a secret deal with Iran, report claims • US-Iran agreement to be signed in Switzerland on Friday

Iranian missiles are displayed at the Islamic Revolutionary Guard Corps(IRGC) Aerospace Force Museum in Tehran, Iran.

Israeli officials believe Iran is bluffing as Trump seeks long-term ceasefire deal

Israeli defense officials believe Tehran is using Washington’s reluctance to resume military action to improve its negotiating position.

Iranian Americans and supporters of the National Council of Resistance of Iran take part in a march passing in front of the US Department of Labor building with a banner with the image of U.S. President Donald Trump, in Washington, DC, US, May 16, 2026.

Maritime leaders say US-Iran peace deal must provide clear framework for Strait of Hormuz transit

Shipowners and maritime industry officials met at a Capital Link conference and other events ahead of Posidonia, a week-long biennial shipping exhibition, where they commented on the matter.

A drone view shows vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 30, 2026.

Islamic regime fires at four ships attempting to cross the Strait of Hormuz

The broadcaster alleged the ships attempted the journey to enter the Persian Gulf “without coordination with the security forces” at 12:35 am local time.

Iranian missiles are displayed at the Islamic Revolutionary Guard Corps(IRGC) Aerospace Force Museum in Tehran, Iran.

Khamenei reportedly says enriched uranium must stay in Iran, Israel deports all flotilla activists

Twenty Iranian sailors returned home after capture by US • Two wounded soldiers see improvement after surgeries • US says removal of UN expert Albanese from sanctions list is not a policy change

Iranian Parliament Speaker Mohammad Bagher Ghalibaf meets with Pakistan army chief Asim Munir, in Tehran, Iran, April 16, 2026.

Iran is consolidating control of Hormuz with checkpoints, diplomatic deals, and fees

With Iran now in de facto control of the strait, the system can involve government-to-government arrangements, intense vetting by the Iranian government, and sometimes fees in exchange for passage.

 A drone view shows the Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arriving in Iraq's territorial waters off Basra, Iraq, April 17, 2026.

Iran to unveil new mechanism to manage Strait of Hormuz traffic

The head of the Iranian parliament's national security committee stated that the mechanism was created in an effort to ensure “the guarantee of international trade security.”

Map of Strait of Hormuz published by the Islamic Revolutionary Guard Corps' (IRGC) Navy of the area controlled by the Iranian Armed Forces, May 4, 2026.

Iraq sought financial assistance from International Monetary Fund as result of Iran war

Initial conversations took place last month during the spring meetings of the IMF and World Bank in Washington.

A boy holds an Iraqi flag near the Iranian embassy during a gathering following the announcement of a ceasefire between Iran and the United States, in Baghdad, Iraq, April 8, 2026.