Strait of Hormuz impasse squeezes world shipping

China's COSCO suspends new orders from UAE, Qatar, Saudi Arabia, others amid Strait of Hormuz restrictions

COSCO Shipping has suspended all new bookings for routes to and from Middle Eastern ports due to rising conflict and traffic restrictions in the Strait of Hormuz.

"The Strait of Hormuz is closed not by Iran, but by shipping itself" — the situation on the 3rd day of the war

"The stream has dried up," the Rybar telegram channel states, describing the situation with shipping in The Strait of Hormuz on the third day of the war.

Strait of Hormuz impasse disrupting world shipping

PARIS - With few captains willing to brave the Strait of Hormuz as war rages around the Gulf, companies will have to do business without one of the world's most vital shipping lanes, especially for oil and gas.

Strait of Hormuz impasse squeezes world shipping

With few captains willing to brave the Strait of Hormuz as war rages around the Gulf, companies will have to do business without one of the world's most vital shipping lanes, especially for oil and gas.