Oil tankers pass the Strait of Hormuz despite Iran threats as traffic slowly picks up and oil prices fall

A number of oil tankers sailed out of the Strait of Hormuz on Thursday along a U.N.-recommended route, defying threats by Iran that any ship not following its approved route “will be dealt with accordingly.”The passage of the Liberian-flagged vessel — perhaps aptly named the Stoic Warrior — came amid continued uncertainty about the future of the crucial waterway. ...