Hormuz

"A lot of the necessities, and I'm talking food, that these Gulf nations require - Kuwait, the UAE, Bahrain, Qatar, Saudi Arabia - comes in by boat," and flying in goods is causing prices to rise.

On Wednesday, the White House refuted reports that Trump and US Defense Secretary Pete Hegseth had argued about a lack of munitions in the wake of the war with Iran.

This agreement would also give Iran control over areas that were international waters before the war, officials told the New York Times on Monday. 

The speculation follows the collapse of the relative calm that had prevailed along the Saudi-Yemeni border.

Its departure marks the first time a QatarEnergy-controlled LNG tanker exited the Strait of Hormuz since the Al Rekayyat was struck in early July.

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