Shipowners Grapple for Hormuz Fixes After Trump Drops Plan

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.

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Warsh Confirmed to Fed Board, Still Awaiting Vote on Chair Post

The Senate confirmed Kevin Warsh’s nomination to the Federal Reserve Board of Governors Tuesday, with …