Iran is reportedly planning to demand that shipping firms pay tolls in cryptocurrency to let their oil tankers through the Strait of Hormuz.

Iranian Parliament Speaker Mohammad Bagher Ghalibaf accused the U.S. of violating three of Tehran's 10 conditions for an end to the war's fighting.

WASHINGTON/DUBAI/TEL AVIV, April 9 (Reuters) - U.S. President Donald Trump vowed to retain military assets in the Middle East until a peace deal with Iran is reached and warned of a major escalation in fighting if it failed to comply,

Karoline Leavitt was caught in an awkward moment during Wednesday's press briefing after she was questioned on who controls the Strait of Hormuz

Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped.

By Samia Nakhoul DUBAI, April 8 (Reuters) - Nearly six weeks of war in Iran have ended, for now, with President Donald Trump claiming victory, but the U.S.-Iran ceasefire locks in a harsh reality: an entrenched,

Anadolu via Getty Images - PHOTO: A view of the vessels passing through the Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman, April 08, 2026.

While prices have eased, there is still a huge backlog of ships trying to get through the vital waterway.