Iran’s Fars news agency posted a video on Monday showing vessels in the Strait of Hormuz. According to a Fars correspondent, the video shows ships in the northern part of the strait, which is still closed.

The United States and Iran remain divided over proposals aimed at securing a formal end to their fragile ceasefire. President Donald Trump rejected Iran's latest demands, while disputes over nuclear enrichment and the Strait of Hormuz continue to block progress.

By Nayera Abdallah, Elwely Elwelly and Idrees Ali DUBAI/WASHINGTON, May 11 (Reuters) - President Donald Trump's swift rejection of Iran's response to a U.S. peace proposal pushed oil prices higher on Monday,

Iran has reportedly introduced a new transit regime for ships passing through the strategically crucial Strait of Hormuz, raising concerns across global shipping and energy markets. According to shipping industry publication Lloyd's List,

Iran says it’s deployed small submarines to act as an “invisible guardian” of the Strait of Hormuz amid a series of rejected peace deals between Tehran and the US.

Energy Secretary Chris Wright appeared on “Meet the Press” Sunday morning, addressing the volatile global energy market and the possibility of using military force to reopen the Strait of Hormuz. During a pointed exchange with moderator Kristen Welker,

On Thursday, U.S. and Iranian forces exchanged fire near the Strait of Hormuz. While oil prices went up, President Donald Trump downplayed the confrontation as a "love tap." Oil Prices Surge On Strait Of Hormuz Risk Dow futures rose 24.

The blockage in the Strait of Hormuz is boosting ship crossings and transit fees at the Panama Canal to multiyear highs, as Asian buyers book oil cargoes from the Americas to replace lost barrels from the Middle East.