Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.

Trump announces 20% toll on Strait of Hormuz cargo as US Strategic Petroleum Reserve hits dangerously low levels. Here's what it means for crypto markets.

Trump proposes a 20% cargo fee for shipments through the Strait of Hormuz. Normal traffic by August 31 at 15.5% YES.