Your cart is currently empty!
Iran Built a Permit System for the Strait of Hormuz. Now It’s Charging Ships Up to $2 Million to Cross.
Before the war, roughly 120 ships crossed the Strait of Hormuz every single day. Tankers carrying crude oil, vessels loaded with liquefied natural gas, container ships moving fertiliser and petroleum products between the Gulf and the rest of the world, all of them transiting freely through a narrow channel that carries one-fifth of the global…
Trump Launched a Naval Mission to Free Trapped Ships in the Strait of Hormuz. Two Days Later, He Paused It.
Somewhere in the Persian Gulf, more than 1,500 commercial vessels are sitting still. Their engines are running, their crews are waiting, and the cargo in their holds, oil, liquefied natural gas, fertiliser, and petroleum products, is going nowhere. Up to 23,000 mariners from 87 countries have been stranded since late February, when a war in…
Four States Left Below $3 a Gallon as Gas Prices Surge Across America
Something shifted at American gas stations in late February. Drivers pulling up to the pump found prices higher than the week before, sometimes by a few cents, sometimes by far more. By the time the first full week of March closed out, those increases had stacked up into something much harder to ignore. A war…