Hormuz Traffic Grinds to a Halt After Iran Seizes First Vessels

Traffic through the Strait of Hormuz ground to a halt on Thursday after Iran fired on commercial ships and said it had seized at least two vessels — a first...

By Weilun Soon · Bloomberg Markets

Traffic through the Strait of Hormuz ground to a halt on Thursday after Iran fired on commercial ships and said it had seized at least two vessels — a first in nearly eight weeks of war.