Analysts say mine clearance alone won't make shipping safe, leaving war-risk premiums elevated and transit uncertain.

A $2 slide in crude signals traders betting the Gulf's most critical oil chokepoint may stay open, but the relief could be short-lived.

Ship-to-ship transfers in the Gulf of Oman keep non-Iranian oil moving even as direct Strait of Hormuz transits collapse, reshaping global energy logistics.

Treasury Secretary Scott Bessent signals secondary sanctions could hit Chinese lenders, escalating the U.S. pressure campaign on Iran's oil revenue.