For tens of thousands of seafarers on the 1,600 ships stuck in the Strait of Hormuz, “Project Freedom” was anything but.

Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.

In 24 hours, the Trump administration’s stance on the Iran war has pinballed from declarations that a tenuous ceasefire was holding and military operations were over to new threats of bombing the Islamic Republic.

Even if the Strait of Hormuz reopened today, oil would still take more than a month to reach consumers. The economic shock from the Iran war could take far longer to ease.

A French containership has emerged in the Arabian Sea after last being seen in the Persian Gulf, indicating a rare crossing of the Strait of Hormuz by a Western European vessel.

So far, only two merchant ships are known to have passed a new U.S.-guarded route through the Strait of Hormuz.

Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.

Oil prices fell Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.

Saudi Arabia, a key Gulf ally, suspended the U.S. military’s ability to use its bases and airspace to carry out the operation, sources say.

With concerns about Iran laying mines in the Strait of Hormuz, US Secretary of Defense Pete Hegseth was asked Tuesday whether Iran might turn to dolphins to help confront the US Navy.

US crude oil prices fell further after President Donald Trump signalled a possible deal to end the Iran war. Brent dropped more than 6% to about $103 a barrel, while US crude slid nearly 7% to around $95,