The latest FAA action comes just a few years after the airline industry and wireless carriers clashed over the expansion of new 5G services.

The 14-point memorandum of understanding signed by the U.S. and Iran on June 17 includes the removal of all U.S. sanctions on Iran on “an agreed upon schedule.”

Data showed large declines in exports of both the volatile consumer goods category and capital goods, which in April had advanced to a record high.

The U.S. is leaning on Oman, which also borders the strait, not to create a joint tolling system with Iran.

Two key exit routes through Hormuz have emerged over the past several weeks because the normal one through the middle is thought to have been mined.

With new funding for technology and enforcement on its way to CBP, trade lawyers and customs brokers across the country are urging clients to be more diligent.

Earlier on June 22, barges carrying diesel through Kaub in Germany were limited to about 1,070 tons of cargo, according to Spotbarge data. 

The move was in response to the Pentagon’s decision this month to add some of China’s biggest companies to a roster of firms it accuses of supporting the Chinese military.

Internal documents obtained by The New York Times show ICE plans to dispose of at least seven of the 11 warehouses it purchased for more than $700 million.

Iran’s declaration on June 20 will likely make more risk-averse shipowners with vessels that have been trapped inside Hormuz for months more wary of exiting.