Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.

Strait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The question remains when will situation normalize.

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...

Spot rates are expected to climb for another four weeks and many vessels are full until at least July, per Xeneta.

Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.

Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.

Tanker traffic through the Strait of Hormuz is picking up, but shipowners remain wary after a Thursday attack near the chokepoint.

Oil prices dipped further Friday, despite conflicting interpretations of the interim U.S.-Iran deal and a slowdown in traffic through the strait.

Strait of Hormuz traffic saw a dip Friday after a Taiwanese ship was attacked, prompting a pause in evacuation efforts. Despite this, several tankers entered the Gulf to load oil,…