The Strait of Hormuz has been shut to normal commercial shipping since February 28, when the US and Israel struck Iran and the IRGC started warning ships off on VHF. As of this week that's 208 days. Nothing in the maritime market this year makes sense without that number.
The fighting around Hormuz has turned into something the tanker trade has seen before. A tanker war. Over the weekend of September 5 and 6, the…
Iran and Oman have agreed on a temporary shipping corridor through the Strait of Hormuz. Iran's deputy foreign minister, Kazem Gharibabadi, announced…
Iran now has an agency for Hormuz. The Persian Gulf Strait Authority, set up in early May, says it authorizes and regulates transit through the…