The global maritime industry is facing a looming shortage of the fuel that powers ships as the Iran war chokes off a key shipping lane in the Strait of Hormuz.

Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.

Experts say covert transfers at sea are used to obscure the origins of oil that left Iranian ports and the Gulf of Oman before the blockade was imposed.

India, May 11 -- India and the US will talk about the safe navigation of Indian ships through the Strait of Hormuz. Over few weeks, India has found it challenging for its ships to cross the Strait of Hormuz.

The U.S. military has boarded another commercial vessel during its blockade of Iran’s ports, but unlike in previous cases, the ship was ultimately allowed to carry on its way.

President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.

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The US says it targeted Iranian "missile and drone launch sites; command and control locations; and intelligence, surveillance and reconnaissance nodes".