CENTCOM Says Hormuz Mines Are Cleared; Iran Says No Ship Moves
The US military claims a milestone it admits it cannot independently verify, and Iran's own deputy foreign minister flatly denies it on the record.
Yosef Stern
Bureau: Jerusalem
Hormuz Oil Flows Rise as Tanker Rates Hit a Record $647,000 a Day
A rising flow of oil through Hormuz reads as recovery in isolation, but a record $647,000-a-day charter rate is the market's own verdict that the war risk hasn't gone anywhere.