An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months.

Quad allies launch energy security initiative amid global fallout from Strait of Hormuz crisis - China criticises grouping’s first joint infrastructure plan to develop port in Fiji as representing ‘bl

Tensions are escalating again near the Strait of Hormuz after a ship anchored off the United Arab Emirates was seized and taken toward Iran and another was attacked and sank near the coast of Oman.

The ringgit closed lower against the US dollar today, pressured by external developments following reports of US and Israeli attacks on Iranian vessels

We've heard about the attacks. We've felt the oil price increases. And every time a ceasefire gets mentioned, it makes headline news.

When landlocked Afghanistan and neighboring Pakistan started fighting late last year and their border crossings closed, Afghans turned to their western neighbor, Iran, for an alternate to Pakistan's major shipping hub of Karachi.

According to commodity market analytics firm Kpler, Al Hamra is one of three LNG tankers that crossed the critical maritime chokepoint over the weekend despite elevated geopolitical risk.

Japan's Transport Minister Kaneko Yasushi says another vessel owned by a Japanese shipping company passed through the Strait of Hormuz on Monday.