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Spirit Airlines was back in bankruptcy court to start dismantling the airline.

DOD expected "some churn at the beginning" of "Project Freedom," Defense Sec. Hegseth said, referring to an effort to move ships through the Strait of Hormuz.

The U.S.' bid to re-open the Strait of Hormuz, dubbed "Project Freedom," was nicknamed "Project Deadlock" by Iran.

It comes as the U.S. Navy seeks to deliver on President Donald Trump's "Project Freedom" initiative.

Oil prices declined on Tuesday, retreating from sharp gains in the previous session.

As US equities hit fresh highs, strategists warn that investors are downplaying the impact of soaring oil prices.

India, the world's third-largest emitter of carbon dioxide, is burning more coal as demand for power rises, most of which is coal-fired.

The effective closure of the Strait of Hormuz, a vital shipping route, has exposed which nations are most exposed to disrupted energy imports.

The data center industry is facing a reckoning as governments around the world consider imposing limits on the growth of the power-hungry facilities.

The United Kingdom Maritime Trade Operations agency said Monday that a tanker was hit by projectiles north of the city of of Fujairah in the United Arab Emirates.