Alternative trade routes and an AI tech boom are helping the region cushion the blow of a threatened maritime tariff.

By Barbara Kollmeyer and Mike Murphy

Donald Trump’s plan to charge ships to use the strait would be a marked departure from the US’ previous insistence that passage through the crucial waterway should be free and…

US President Donald Trump says he wants to charge vessels 20% tax to cross strait

Iran and the U.S. have announced rival blockades of the Strait of Hormuz. This action cripples an already fragile ceasefire deal between the two nations. Global oil reserves have…

President Donald Trump's toll on shipping passing through the Strait of Hormuz is designed to increase international pressure on Iran.