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Iran may drop its Hormuz fee demand to end the US blockade, but shipowners want more than a reopened strait
An agreement before the midterms looks unlikely, and the bill for ships trapped in the Gulf comes due in February
US Treasury is threatening sanctions on firms servicing Iran’s sanctioned carriers
The warning comes after the US Treasury sanctioned 27 remaining active Iranian airlines earlier this month
Washington says Hormuz is recovering — but shipping numbers say no yet
Washington is working with GCC states, shippers, and insurers to push volumes higher through Hormuz
Washington’s push to isolate Iran could cost Turkey one of its biggest gas suppliers
Two years of diversification have made Turkey a bigger US energy customer — not a more independent one
Trump's dropped Hormuz fee doesn't make the strait any safer for shippers
Trump announced the 20% fee on all cargo, but didn’t explain whether the charge would be based on cargo value,…
Why is Iran’s oil struggling to sell?
A short-lived US waiver moved Iranian crude onto tankers — but sustainable Gulf barrels and renewed sanctions have left it…
Why may Hormuz not reopen as before?
The strait is moving again, but the agreement that reopened it has put its previous no-charge passage model up for…
TODAY: Can Saudi Arabia, Turkey pull off a rail link to Europe via Jordan + Syria?
What we’re tracking this morning regionally and around the world
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