By Fiona MacDonald, Grant Smith and Salma El Wardany Apr 5, 2026 (Bloomberg) –OPEC+ warned that damage to Middle East energy assets will have a prolonged impact on oil supply even...

A small number of merchant vessels have begun edging back through the Strait of Hormuz, offering the first visible signs of movement after weeks of disruption. But far from signalling recovery, these carefully managed transits are exposing a deeper and more unsettling shift: one of the world’s most critical shipping lanes is no longer operating under normal commercial rules.

Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the only real leverage it has over the United States, according to three sources familiar with the matter.

The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the Strait of Hormuz—even as shipowners continue to largely stay away.

President Donald Trump on Friday said the U.S. can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a quick resolution to a war against Iran.

Container spot freight rates on the main east-west trades largely flatlined this week as excess capacity and uneven demand failed to further spur recent pricing increases by carriers.

By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to be the first such transits...

By Erik Wasson and Gregory Korte (Bloomberg) President Donald Trump is preparing to release a fiscal year 2027 budget plan on Friday that will frame his party’s midterm election message around...

A Japanese-linked liquefied natural gas (LNG) carrier has successfully transited the Strait of Hormuz, marking the first such passage by a Japan-affiliated vessel since the waterway was effectively shut by conflict in the region, its operator said on Friday.

Iran targeted more sites in Arab Gulf states overnight and into Friday, hours after US President Donald Trump issued fresh threats against Iranian infrastructure to pressure Tehran to start peace negotiations.

The Swedish Coast Guard said on Friday it had seized an oil tanker in the Baltic Sea that is believed to be part of the Russian shadow fleet and suspected to be the source of a 12 km oil spill off the island of Gotland.

Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the Latin American country, U.S. Secretary of State Marco Rubio said on Thursday.