Many of the ships stranded in the Persian Gulf depend on coverage negotiated at Lloyd’s, the center of marine insurance for more than 300 years.

© Joseph Horton for The New York Times

We hear from two of the thousands of seafarers who became stuck in the middle of the war.

© Reuters

U.S. and Iranian officials say they are closing in on the terms of a preliminary agreement. Yet sticking points, particularly over the Strait of Hormuz, remain.

© Arash Khamooshi/Polaris for The New York Times

President Trump’s pendulum swings on Iran have often seemed driven by mood and moment rather than any discernible strategy.

© Doug Mills/The New York Times

The American blockade and Iran’s control of the Strait of Hormuz have created a stalemate that is neither peace nor raging conflict, with both sides attempting economic strangulation on the water.

© Reuters

Three reasons Trump is losing the war in Iran.

Three reasons Trump is losing the war in Iran.

President Trump held out hope for a peace agreement, but said high oil prices would not force his hand.

© Doug Mills/The New York Times

After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.

© Picture Alliance, via Getty Images

Whatever deal is reached between the United States and Iran, Trump will have to make a big concession: A murderous regime remains intact.

A deal to end the current blockade is merely an enticement for the next blockade and the one after that.

President Trump is returning home from Beijing after a two-day summit that achieved a few deals but left investors and analysts underwhelmed.

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

Iranian news agencies said some Chinese ships were being allowed through the strait, following diplomatic outreach to Iran from Beijing.

Iranian news agencies said some Chinese ships were being allowed through the strait, following diplomatic outreach to Iran from Beijing.

President Xi Jinping of China is buying time for Beijing and may see an opening with a U.S. president weakened by the war in Iran.

The balance of power between the United States and China had shifted in Beijing’s favor even before the war in Iran began in February.

Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.

NATO should overcome its distaste for President Trump and sends its navies to help open up the Strait of Hormuz.

With talks at an impasse, both sides are holding to positions their opponents call unacceptable, while the economic pain caused by the Strait of Hormuz blockade continues to grow.

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

President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.

As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.

How the economic shock waves of Trump’s Iran war will be felt globally.

The new measures are focused on Chinese companies that supply Iran’s military with materials to make drones.

China’s top diplomat also warned against the restarting of hostilities as he met with Iran’s foreign minister. The U.S. has urged China to pressure Iran to reopen the waterway.

The president seems to be searching for a silver bullet to end the war. There might not be one.

President Trump’s predictions of a relatively short-term conflict with minimal economic consequences appear to be crumbling.

With President Trump’s visit to Beijing looming, China is pushing Iran to negotiate even as its companies export material that could be used by Iran’s military.