The war is showing no signs of abating after U.S. and Israeli strikes on Iran more than a week ago, and the fallout is stoking fears of an inflation crisis. The halt to shipping through Hormuz has driven up fuel prices.
March 9, 2026GovernmentBusinessFuelLogisticsGlobal Freight
Strait of Hormuz Shipping Is at Near-Total Halt
A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in a note on March 6.
March 6, 2026