But continued closures at the Strait of Hormuz could trigger a super-spreader event of invasive species as marine organisms attach to the idle vessels and get transported to other ecosystems around the world, according to a paper published Wednesday in the journal Biological Invasions.

As Iran's attacks keep ship traffic through the Strait of Hormuz to a trickle and oil prices surge, Gulf states are planning to invest billions in pipeline alternatives.

The US president's threat to target a key Iranian nuclear site came ahead of the 11th consecutive night of attacks.

The U.S. military says it's begun its blockade of ships entering or exiting Iran's ports, as Iran vows to assert its own control over the critical Strait of Hormuz.

Despite U.S. assertions, the CEO of a maritime risk firm says "there is no guarantee of safe passage" through the Strait of Hormuz.

Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump's blockade took effect last week.

Iran says the Strait of Hormuz will never return to pre-war conditions after President Donald Trump warned any attack on shipping will trigger U.S. strikes on Iranian infrastructure.

Recognizing Iran's control over the Strait of Hormuz could set a dangerous precedent, with other countries attempting to claim important waterways, analysts say.

Matt Smith, Kpler director of commodity research, joins 'Squawk Box' to discuss the impact of the Iran war on energy prices, fate of the Strait of Hormuz, oil price outlook, and more.