While an initial evacuation of more than 2,600 stranded vessels is underway, the strategic waterway’s transition from free passage to an approval-based transit system fundamentally alters global shipping dynamics

Strait of Hormuz traffic rises after a US-Iran interim deal, but toll disputes, security risks and a closed main channel keep shipping recovery uncertain.

NEW YORK — Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that constricted global o...

Traffic through the Strait of Hormuz is showing a marked improvement following a US-Iran agreement, with an average of 22 commodity ships daily since June 15, a significant rise…