Trump says the US is helping around 30 ships cross the waterway daily, but ship-tracking data suggests it’s fewer.

Just how much oil is flowing through the Strait of Hormuz today since the start of the Iran war 187 days ago? No one can seem to agree. American Petroleum Institute vice president Mason Hamilton captured the mood of the crude tanker market in a single X post last month: “Might as well rename it

US Energy Secretary Chris Wright says significantly more oil has recently been shipped through the blocked Strait of Hormuz than in previous months. On Monday, tankers transported more than 17

Middle East oil producers are finding more ways to evade Iranian threats and push more of their product to market.

The ships were hit near Oman on Monday, the latest attacks on vessels in the Persian Gulf. Oil prices rose more than 2 percent.

Asian economies are racing to build up storage capacity to reduce their exposure to conflict in the Middle East.

South Korea is considering deploying P-8A Poseidon maritime patrol aircraft, mine-clearance specialists and a naval logistics support ship to the Strait of Hormuz as U.S. forces confront Iranian maritime threats in the region.

Oil prices moved lower during Asian trading on Thursday following three consecutive sessions of gains, as markets assessed comments from US President Donald Trump and indications of increased crude flows through the Strait of Hormuz.