Shots have been fired in the Strait of Hormuz. The is a diplomatic and logistical condundrum of what to do next. A literal rock and a hard place, where 11,000 crew remain stuck on ships in the middle…

Oil prices continue their slide on Thursday as traffic through the Hormuz Strait has picked up over the past few days. Uncertainty lingers for the shipping industry, though, as…

The development comes as tensions rise between Iran and the United States over their interim accord aimed at permanently ending the Iran war.