Donald Trump

Shipping Remains Slow at Strait of Hormuz Despite Ceasefire

Ship-tracking services reported on Thursday that traffic through the Strait of Hormuz remains at less than 10 percent of its normal level, despite Iran ostensibly promising to halt terror attacks on civilian vessels as part of its ceasefire agreement with the U.S. and Israel.

A man walks along the shore as oil tankers and cargo ships line up in the Strait of Hormuz

Saudi Arabia and Iran Hold First Talks Since War

The governments of Iran and Saudi Arabia confirmed on Thursday that their respective foreign ministers held a phone conversation the night before, the first known direct contact between the two countries since Iran began a sustained bombing campaign against Saudi Arabia and its allies in March.

Saudi Arabia's Crown Prince Mohammed bin Salman speaks during the Saudi Investment Fo