The multimodal project aims to offer an alternative to the Panama Canal.

The declaration has the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes.

The charges deliver on threats the president made last fall to impose 100% tariffs on branded or patented medicines unless companies move production to the U.S.

The three ships transiting are particularly interesting because they are the largest type of oil tankers and the first LNG carrier to escape the gulf since the war began. 

The allegations add another point of tension between the U.S. and China ahead of President Donald Trump’s scheduled visit to Beijing in May.

The average U.S. retail price for a dozen eggs in February was $2.50, compared to $5.89 in that same month last year.

Amazon further clarified that the surcharge will be applied to fulfillment fees, not on the sale price of items.

Iran and Oman are believed to be collaborating to draft policies that would facilitate and ensure safe passage for ships moving through the strait.

After decades of pursuing supply chain efficiency, U.S. companies have turned their focus to what’s politely termed “resilience,” but might better be described as redundancy.

As the crisis drags on, many Asian countries are pledging deeper energy cooperation with diplomatic friends.