U.S. Strikes Iranian Targets; Iran Says It Returned Fire
The exchange was the latest twist in a week of mixed signals in the region and tensions over the Strait of Hormuz, as President Trump searches for an off-ramp in the war that he started.
Ships and Shipping
Trump and Rubio Insist Iran War Is Over, Even as Missiles Fly During Cease-Fire
The White House is turning to rhetorical leaps as President Trump tries to put the biggest political crisis of his presidency behind him.
U.S. Shot Down Iranian Missiles and Drones Aimed at American Vessels in Strait of Hormuz, Admiral Says
An exchange of fire threatened to shatter a fragile cease-fire as President Trump seeks to break Iran’s effective blockade of the waterway.
How the Iran War Is Morphing Into a Volatile Standoff in the Strait of Hormuz
The conflict has morphed into a volatile standoff in the Strait of Hormuz, as the economic costs mount and President Trump faces a political backlash at home.
U.S. Seizes Second Tanker Carrying Iranian Oil
Navy destroyers are also shadowing several other vessels that left from an Iranian port before the U.S.-imposed blockade began, a U.S. military official said.
Not a Deal-Breaker: White House Downplays Iranian Action Near the Strait
President Trump’s threats have given way (for the moment, at least) to a more conciliatory tone about Iran’s actions in the Strait of Hormuz.
Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?
The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
U.S. Gas Industry Pushes Back on Trump Shipbuilding Rules
The main oil and gas trade group wants the Trump administration to reconsider maritime rules released in April that would require it to use some U.S. ships to transport liquefied natural gas.
What to Know About Who Pays the Higher Costs of Trump’s Tariffs
President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.
Houthis in Yemen Won’t Be Defeated by Airstrikes Alone, Experts Say
U.S. officials seek to curb the militants’ attacks on ships in the Red Sea, but the group was not deterred by strikes in the Biden era and won’t be beaten by air power alone, experts say.