The Bosporus Strait is only about 700 meters wide at its narrowest point, which is not a lot of wiggle room for large ships. But it's the only entrance to the Black Sea.

Andy Critchlow, EMEA head of news at S&P Global Commodity Insights, said some anecdotal evidence suggested a slowdown in shipping navigation through the Strait of Hormuz following the U.S. strikes ...

German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz. "However, the situation is unpredictable and could change within a matter of hours.

In 2024 and the first quarter of 2025, for instance, flows through the narrow waterway made up roughly 20% of global oil and petroleum product consumption, according to the U.S. Energy Information ...