International Longshoremen’s Association (ILA) President Harold J. Daggett has issued a remarkable letter of support to President Trump, praising the
Maritime traffic through the strategic Strait of Hormuz dropped significantly on Monday ahead of the ceasefire between Iran, Israel, and the United States.
Oil prices settled down more than 7% on Monday, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker traffic through the
U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week,
Despite numerous threats throughout its history, the Strait of Hormuz has never been fully closed to maritime traffic—a testament to its critical importance
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