Iran has shown little interest in loosening its hold on the waterway, insisting it wants to maintain a degree of control even after the end of the war.

The 0.7% increase in output at factories, mines and utilities followed a revised 0.3% drop in March, Federal Reserve data released on May 15 showed.

The global logistics giant is continuing its expansion plans for ports and infrastructure from Mozambique to Congo. 

JLR was pushing through an ambitious plan to create an entire new lineup of fully electric Jaguar cars when President Donald Trump raised import tariffs for the carmaker’s largest market.

Roughly 14.6 million barrels a day of crude oil and petroleum liquids moved through the strait in Q1 of 2026, down from 20.4 million over that same period last year.

As of May 11, the tool designed to handle claims on the $166 billion in duties that were overturned had validated nearly 87,000 declarations it received so far.

A shortage of petroleum products in Japan has affected sectors from food production to medical equipment makers.

The breakdown came after two days of marathon negotiations mediated by South Korea’s labor authorities.

The London trial offers a rare window into supply chains of Shein and Temu, and how ultra-fast fashion competes for shared suppliers and overlapping production networks. 

 A vital artery for oil and gas flows, the Strait of Hormuz has been effectively shut since late February, with no clear path back to normal traffic.