The suspension of a short-lived US plan to guide vessels through the Strait of Hormuz has underscored the difficulty of securing the narrow waterway and left shipowners grappling for credible workarounds.
Trump announced ‘Project Freedom’ late on Sunday as a means of breaking Tehran’s chokehold on the waterway, adding to a US blockade introduced last month. He shelved the plan just
Hormuz has been virtually empty for days, and sporadic ...