As the first major U.S. airline to report quarterly results, Delta is seen as a bellwether for the world’s biggest aviation market.

The shift is part of a broader plan to rework its operations to insulate the company from supply chain shocks, tariffs and geopolitical tension.

The timing of the Strait of Hormuz crisis has created unique challenges for a U.S. trucking industry already facing an uphill battle to stay solvent.

Iran said it would only observe a two-week ceasefire if Israel ceased its attacks on Lebanon, but Israel hit over 100 sites in Lebanon on April 8.

The Balboa port is one of two terminals along the strategic Panama Canal that have become a flashpoint in the intensifying rivalry between the U.S. and China in Latin America.

According to the International Maritime Organization, some 20,000 civilian seafarers are stuck on board trapped ships and the other utility and support vessels.

The regulations allow the government to target foreign organizations and individuals if they suspend normal trade with China in violation of market rules.

The proposed bill would blacklist some of China's biggest chip companies, and give U.S. allies 150 days to show progress with aligning on these controls.

The UKMTO said the crew are safe and accounted for. No environmental impact has been reported. Authorities are investigating.

Satellite photos from the European Union’s Copernicus Browser show a vessel on fire in the area on March 28, and it disappearing by April 2.