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A ship ran aground in Strait of Hormuz, Iranian state TV reports
International
AP

A ship ran aground in Strait of Hormuz, Iranian state TV reports

  • By JON GAMBRELL - Associated Press

Iranian state television is reporting that a ship has ran aground in the Strait of Hormuz after not running Iran’s approved route through the water. The report published Wednesday identified the affected vessel as a foreign container ship, but offered no other immediate details. It said shippers needed to follow the instructions of Iran’s paramilitary Revolutionary Guard in the strait. The announcement comes as tensions have grown over the strait, which was supposed to be open to vessels to travel freely in and out of under an interim deal between Iran and the United States. However, there was crossfire in the Mideast over the weekend as Oman and a United Nations agency tried to open a new route through the strait near Oman’s coast.

Crucial window for rescuing survivors narrows as Venezuela enters third day after deadly twin quakes
International
AP

Crucial window for rescuing survivors narrows as Venezuela enters third day after deadly twin quakes

  • By REGINA GARCIA CANO, JUAN PABLO ARRAEZ and MEGAN JANETSKY - Associated Press

The situation has grown more desperate by the hour in Venezuela as people dig through the rubble of collapsed homes and apartment buildings. The country is entering its third day after the devastating one-two punch of 7.2 and 7.5-magnitude earthquakes. And people know time is running out on the best window for finding survivors — aid agencies consider the first 48 to 72 hours to be a crucial time frame to retrieve people alive. That be extended if they have access to food and water, however. Authorities announced Friday night that they would block access to La Guaira, the epicenter of the destruction.

The Strait of Hormuz's future is unsettled even as more ships venture through
International

The Strait of Hormuz's future is unsettled even as more ships venture through

  • By WYATTE GRANTHAM-PHILIPS and MAE ANDERSON - AP Business Writers

Ship traffic has picked up in the Strait of Hormuz since Iran and the U.S. signed an interim deal to end a war that's constricted global oil supplies. But questions surrounding control of the waterway and tolls to cross it could interfere with ongoing negotiations. Last week’s provisional agreement allows Iran to manage the strait while holding discussions with Oman and six other Gulf states on the passage's future administration. In turn, Iran agreed not to charge transiting vessels for 60 days. President Donald Trump has since suggested the U.S. could impose its own tolls if a final peace deal isn't reached. Legal experts say a toll regime would upend decades of international trade precedent.

International
AP

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

  • By CATHY BUSSEWITZ - Associated Press

Pakistan announced that the U.S. and Iran reached an agreement to end the war and open the Strait of Hormuz. But that doesn’t mean high oil and gasoline prices and energy supply problems will be solved overnight. Energy experts say it will likely be months before energy companies can resume operations to the point where they're able to meet the world’s demand. It will take a long time for ships stranded in the Persian Gulf to reach their destinations. And companies need to be confident that peace will last before they send in ships or restart oil production.