Strait of Hormuz oil traffic way down after ceasefire; Hassett says even one tanker is big deal
[ad_1] National Economic Council Director Kevin Hassett speaks to the press outside the White House, in Washington, Feb. 11, 2026. Anna Moneymaker | Getty Images President Donald Trump’s top economic advisor Kevin Hassett said Thursday that getting even one oil tanker through the Strait of Hormuz would provide a “huge chunk of what’s missing” amid […]
Iran war-induced fertilizer shortage threatens Republicans in farm states ahead of midterms
[ad_1] Garrett Mauch spreads manure as fertilizer on fields at his family’s farm in Lamar, Colorado, on January 21, 2026. RJ Sangosti | The Denver Post Via Getty Images | Denver Post | Getty Images The Strait of Hormuz shutdown caused by the war in Iran is jacking up fertilizer prices, hitting farmers in their […]
Oil supertanker rates hit all-time high as Iran pledges to close the Strait of Hormuz
[ad_1] Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Stringer | Anadolu | Getty Images Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping […]
Panama cancels China-linked port deal, hands canal terminals to Maersk, MSC
[ad_1] This aerial view shows a cargo ship sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Panama annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison in its official gazette Monday, transferring interim operations of […]