
Oil prices soared after President Trump announced the reimposition of a blockade on Iran, impacting …

Iran has rejected Oman's proposal for joint oversight of the Strait of Hormuz, instead offering its …

Yemen's Houthi movement is contemplating charging ships transit fees to cross the Bab al-Mandab Stra…

President Trump announces a blockade on Iranian vessels and a 20% fee for other commercial traffic t…

Iran's ambassador to China reveals plans for special fee arrangements for friendly nations transitin…