Oil prices rise and tanker operations are disrupted as tensions in the Strait of Hormuz flare up again.

U.S. officials 7in 10called on Iran to stop attacks in the Strait of Hormuz, raising concerns that the remarks could immediately affect crude oil supply and tanker operations.

7from 9to 10the shipping industry said tanker traffic through the strait had slowed markedly or had virtually stopped. Some vessels chose to reroute or anchor.

Meanwhile, 7on 8and 9international oil prices ended trading near multi-week highs. Market participants said recent hostilities increased supply uncertainty.

Wall Street's major indexes 7on 8closed lower amid renewed tensions in the Strait of Hormuz. Over the same period, the dollar weakened slightly, in line with signs that the labor market remained stable.

U.S. officials said they had demanded that the Iranian side make a clear commitment to stop attacks in the strait. According to reports, recent acts of hostility have weakened the existing ceasefire agreement.

The shipping industry and oil-related markets are watching the resumption of traffic, safety measures, and insurance coverage. Some ports and shipping companies have said they are carrying out safety inspections and adjusting voyage schedules.