strikeMay 6, 2026

Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen

Summary

NEW YORK (AP) — With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.

Source: MAE ANDERSON and DAVID MCHUGH, AP Business Writers — Read the full report

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Sources

MAE ANDERSON and DAVID MCHUGH, AP Business WritersBy MAE ANDERSON and DAVID MCHUGH, AP Business Writers
NEW YORK (AP) — With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war. On Sunday, President Donald …

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