Rosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the United States is altering global energy markets to serve its own interests.

The United States is launching helicopters from the coast of Oman to guide commercial vessels through the Strait of Hormuz in secret.

About two-thirds of outbound oil tankers used shadow fleet tactics to trickle through the Strait of Hormuz undetected in May, according to analysts. While only a handful of ships are officially reported going through the Strait of Hormuz each day,

Iran threatens to shut the Strait of Hormuz after missile attacks on US bases. Trump agrees to oil sanction relief by June 30 at 32% YES.

The most powerful shipping executives in the world are gathered in Athens, Greece this week for the annual International Shipping Exhibition. The hot topic: the Strait of Hormuz.

Over the past two decades, Iran repeatedly threatened to close down the waterway. President Trump underestimated Iran’s ability to do so.

Shipping companies are looking for alternative routes as the Strait of Hormuz lockdown drags on.

Iran's influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate.