U.S. Navy Guides Hormuz Oil

The U.S. military has quietly established a protected corridor through the southern Strait of Hormuz, moving 15 to 20 tankers nightly and keeping millions of barrels of oil flowing despite Iranian attacks. Since May, the operation has helped limit oil-market disruption after tanker traffic through the strait fell sharply during the war. Trump has shifted from threatening strikes after each attack to calling the incidents a "nuisance" and emphasizing sanctions, a naval blockade and other economic pressure. U.S.-Iran talks remain stalled, though Trump said they could resume "at some point."