Hormuz Blockade Disrupts Trade

The passage of the CMA CGM vessel suggests that Iran may be selectively allowing certain nations to bypass the blockade while maintaining pressure on others.

President Trump has claimed the U.S. could reopen the route by force and 'take the oil,' but European allies remain skeptical of a military solution.

The crisis has caused jet fuel prices to nearly double in major hubs, forcing airlines to hike baggage fees.

Meanwhile, thousands of sailors remain trapped on ships in the Persian Gulf under threat of drone attacks.