Jackie Northam
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Iran has attacked and seized two commercial ships near the Strait of Hormuz. This after President Trump announced an indefinite ceasefire in the war with Iran.
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A U.S. blockade and conflict in the Strait of Hormuz have stranded Gulf aluminum shipments and driven prices to a four-year high, exposing global supply vulnerabilities and deepening trade strain.
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Canada's close economic ties with the U.S. are now a "weakness," not a strength, Prime Minister Mark Carney says. In a video address to the nation, he outlines plans to expand trade beyond America.
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A U.S. blockade of Iranian ports has gone into effect Monday, while President Trump claims Iran wants to make a deal.
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Iran says it agreed to two weeks of safe passage for ships traversing the Strait of Hormuz, but most vessels are staying put until certain it's safe.
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Iran has introduced a new toll system for ships it allows to pass through the Strait of Hormuz, asserting its control over the key waterway.
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The Pentagon is considering the seizure of Iran's Kharg Island. It's a risky operation, and Iran could retaliate by targeting the biggest energy facilities in the Gulf, sending prices soaring.
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THe Strait of Hormuz isn't entirely closed -- some ships are getting through as Iran flexes its control over the strategic waterway.
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The Iran war is having an impact around the globe, from oil prices to old alliances.
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War chokes the Strait of Hormuz, leaving hundreds of oil tankers and container ships stranded and raising alarms of a looming global energy shock and food shortages across the Gulf and beyond.