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Hormuz effect? How US, China are ramping up tensions over the Panama Canal

significantly”. “It would lead to temporary supply bottlenecks, stock market volatility, inflationary upward pressure and could dampen global GDP measurably if prolonged,” Ferdinand Rauch, a professor of economics at the University of St Gallen

Iran war has cost $25B, Pentagon says. And, SCOTUS strikes blow to Voting Rights Act

Hormuz**, NPR's Greg Myre tells *Up First*. Shipping traffic through the waterway remains at a standstill, and both sides say they are inflicting economic pain. Both sides also believe the other will give

Pentagon chief Hegseth first public hearing on Iran war: Key takeaways

blockade on the Strait of Hormuz. Trump has repeatedly promised to resume attacks if no progress is made on stalled ceasefire talks, writing on social media early Wednesday, there would be “[NO MORE MR. NICE

Strait of Hormuz blockade and other major naval sieges in modern times

Strait of [Hormuz](/news/2026/4/24/trumps-may-1-deadline-can-he-continue-war-on-iran-after-that), a narrow waterway once carrying roughly a fifth of the world’s oil and gas, remains effectively closed after the United States and Iran imposed competing [blockades](/news/2026/4/14/how-much-will-us-hormuz-blockade-hurt-iran-and-does-tehran-have-an-escape). Naval blockades

Why are fuel price protests sweeping the Republic of Ireland?

Hormuz. Twenty percent of the world’s oil and liquefied natural gas (LNG) shipments transit the waterway during peacetime. The blockage of the strait has triggered a major shortage of oil around the world

European countries emerge as NATO leaders as U.S. role recedes

Hormuz. Speaking in a [BBC interview](https://www.bbc.com/news/articles/c393wxzw4yjo) last month, Starmer said the U.K. would not join the U.S. blockade of Iranian ports but does have a minesweeping capability that is "focused ... on getting