President Trump rejected calls to reopen the Strait of Hormuz – warning there would never be a deal with Iran “unless we blow up the rest of their country, their leaders included.” The commander-in-chief said Iran only proclaims it’s closed the waterway to “save face” as he issued the fiery threat Tuesday night – just hours after announcing the cease-fire had been extended.

Catch all Iran-Israel war updates as U.S. President Donald Trump extends Iran ceasefire but maintains blockade, easing global tensions about an escalation in the West Asia crisis.

US president claims to CNBC that US is in a strong negotiating position and will end up with ‘a great deal’

The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.

Donald Trump has weighed in on one of the most consequential geopolitical flashpoints currently gripping global energy markets. The U.S. president addressed a key development in the ongoing conflict,

PANAMA CITY — The war in the Middle East has boosted demand to move vital cargo through the Panama Canal to such an extent that one vessel carrying liquefied natural gas (LNG) paid $4 million to skip the line and avoid a wait that can take up to five days,

Iran announced the Strait of Hormuz was "completely open" on Friday. Ship-tracking data shows the situation.

The strait is deep enough and wide enough to handle the world’s largest crude oil tankers, and it is one of the world’s most important oil passageways.

The US has been trying to have Iran come to a permanent ceasefire that would put a full stop to the fighting that erupted on February 28.