The cartel’s decision comes as U.S.-Iran talks to end the war have eased pressure on oil supplies, even as broader market and political volatility persists.

© Ahmed Jadallah/Reuters

Beijing sent two ships to patrol the waters east of Taiwan, a new campaign to challenge the island’s control of waters crucial to any future invasion.

A global effort to create an evacuation lane includes the International Maritime Organization, U.S., Iran, Oman and other countries.

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© Amirhossein Khorgooei/ISNA/AFP via Getty Images

In a call to The New York Times, President Trump praised Russia’s and China’s leaders and described Israel’s prime minister as “a very difficult guy.”

© Eric Lee for The New York Times

Britain’s Defense Ministry said it was the first time that British forces had acted alone to stop a ship in the fleet, a collection of vessels that Russia uses to move fuel and evade sanctions.

President Trump said more than 200 commercial vessels had safely traveled through the strait. That’s still far fewer than before the start of the war.

© Reuters

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

© Reuters

The longer we go without oil from the Persian Gulf, the less we’ll need it.

The U.S. blockade has intercepted dozens of vessels since mid-April. But a small number of ships with Iranian cargo are still sailing.

The murkiness in the Strait of Hormuz reveals a darker side of global shipping: Some vessels don’t want to be found.