Strait of Hormuz shipping crisis

The International Maritime Organization has warned that around 20,000 seafarers are currently trapped in the Gulf due to the ongoing war.

President Trump has suggested the US could militarily reopen the vital oil route, though European allies remain skeptical of such a strategy.

Iran has reportedly rejected a US proposal for a 48-hour ceasefire, insisting on a permanent end to hostilities.

The crisis continues to drive up global oil prices, impacting economies from Vietnam to Canada.