Shippers Face Deepening Dilemma as U.S. and Iran Vie for Control of the Strait

Companies desperately want to get their ships moving through the Strait of Hormuz, but face mounting risks. “Things are becoming uglier by the minute,” one executive said.Ships anchored off Oman’s coast near the Strait of Hormuz. Ship operators in the area are eager to resume normal business but face great peril if they do.