The impetus behind the suspension appears to be simply an effort to shave a few pennies off the price of gasoline.

Argentina's annual wine consumption fell to 4.1 gallons per person in 2025, a far cry from the country's 1970 heyday when it averaged up to 24 gallons a person.

Average U.S. diesel prices sat at $5.04 per gallon as of March 17, marking a 34% increase from the first day of strikes by the U.S. and Israel against Iran.

While the rates are high, it’s also a sign that cover remains available for the handful of vessels looking to cross the vital waterway.

The two sides expect to meet regularly in the days leading up to an official joint review of the USMCA on July 1.

"We want the world to be well supplied," Treasury Secretary Scott Bessent said in an interview with CNBC.

The Islamic Republic hasn’t asked for talks or a ceasefire after Trump told NBC on March 14 that he’s willing to make a deal but wants better terms.

The attack on the Greek ship may be linked to “the pressure that countries in the region are applying,” Greek shipping minister Vasilis Kikilias said.

The global supply chain has entered a new era—one defined by constant disruption. From shifting tariffs and geopolitical conflict to regulatory swings, cyber risks, and climate-related shocks, volatility is no longer the exception, it’s the rule. Legacy systems and disconnected tools can’t keep up, leaving you vulnerable to costly mistakes, delayed responses, and missed opportunities.

The two ships were allowed passage through the strait — which has been all but closed for nearly two weeks — after a deal between New Delhi and Tehran.