Shipping operators and insurers prefer to wait and watch from a distance for now.

US President Donald Trump says oil tankers would be able to navigate the Strait of Hormuz toll-free, but many details of the deal with Iran are yet to be ironed out.

US President Donald Trump said the Strait of Hormuz will reopen following the formal signing of the memorandum of understanding between Washington and Tehran, clarifying earlier…

Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupted by conflict. While a US-Iran deal is…

US President Donald Trump announced ships are now safely navigating the Strait of Hormuz, following a digital agreement to end a 107-day war with Iran. He stated the waterway…