The refund system set up to allow companies to recover illegally collected tariffs from the U.S. government went live on Monday as thousands of companies rushed to file claims.

The U.S. Coast Guard and an expanding multinational task force are racing against time in the remote waters of the western Pacific after the U.S.-flagged cargo vessel Mariana was discovered overturned northeast...

The U.S. Treasury Department has quietly extended its sanctions wind-down authorization for Russian oil cargoes already at sea, issuing a new general license that allows shipments to continue flowing through...

A volatile weekend in the Strait of Hormuz has exposed the widening gap between political claims that the waterway is “open” and the operational reality facing commercial shipping, as attacks,...

A ceasefire between the United States and Iran appeared in jeopardy on Monday after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Tehran vowed to retaliate, refusing for now to join new peace talks.

By Scott Squires Apr 19, 2026 (Bloomberg) –An oil spill in the Gulf of Mexico that soiled beaches, killed wildlife and sparked outrage from environmental groups was caused by a leaky...

By Selcan Hacaoglu Apr 19, 2026 (Bloomberg) –International Energy Agency Executive Director Fatih Birol proposed building a new oil pipeline linking Iraq’s Basra oil fields and Turkey’s Mediterranean oil terminal in...

The fragile narrative that the Strait of Hormuz is “open” unraveled again Saturday after multiple new incidents were reported by the United Kingdom Maritime Trade Operations, marking the first confirmed attacks...

ATHENS, April 18 (Reuters) – Merchant vessels attempting to cross the Strait of Hormuz on Saturday received radio messages from Iran’s navy telling them they were not allowed to pass, while two ships reported...

Don’t be fooled by the latest declaration that the Strait of Hormuz is “open.” Many things still need to be put in place for that to truly happen. There is a lot of bluster right now—don’t get caught up in it.

The global shipping industry is urging caution after declarations from both Washington and Tehran that the Strait of Hormuz is “open,” warning that conditions on the water remain far from...

The prospect of a multinational mission to secure commercial shipping through the Strait of Hormuz has moved sharply up the diplomatic agenda after European leaders gathered in Paris today, even as Iran and the United States declare the waterway “open” following a ceasefire tied to Lebanon.