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Risk Strait of Hormuz or Wait? Shipping Companies Face a Costly Dilemma.

With more than 500 ships still stranded in the Persian Gulf, pressure on the shipowners and sailors is growing by the day.

© Reuters

Supplies of fresh food and water have been running low for the roughly 11,000 sailors stuck on hundreds of ships anchored in the Persian Gulf.
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Trump’s ‘Secret Mission’ to Ferry Oil Past Iran Was Widely Disclosed

A U.S. military official said the president’s seemingly dramatic announcement on Wednesday referred to a previously reported effort to shepherd commercial vessels through the Strait of Hormuz.

© Reuters

Vessels in the Strait of Hormuz, seen from Oman on Wednesday.
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