Some shipowners are opting to steer clear of the strategically important Strait of Hormuz, according to the world's largest shipping association, reflecting a growing sense of industry unease as the ...
Dubai, United Arab Emirates — Iran seized a Marshall Islands-flagged oil tanker as it traveled through the narrow Strait of Hormuz on Friday, a U.S. official and a private maritime risk group said, ...
Despite a tentative ceasefire between Israel and Iran on Tuesday, security issues in the Strait of Hormuz continue for shipowners, with GPS jamming incidents forcing vessels to reduce transits.
August 22, 2025: Since June 23 there has been a truce in the Red Sea. Houthi rebels are no longer firing rockets and missiles at passing ships. A practical reason for this is that most of the Houthi ...
Iran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the weekend. While there ...
The increase in geopolitical tensions in the Middle East recently resulted in Iran threatening to close the strategically vital Strait of Hormuz (the “Strait”) to international shipping. Inevitably, ...
Your editorial “Iran’s Strait of Hormuz Gambit” (June 23) rightly notes the waterway’s importance. Much of the global economy depends on the 20% of the world’s oil supply that travels through the ...
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of crude that ...
'We do not think any increase in general Middle East risk or other geopolitical implications was priced in; the Strait of Hormuz was the key factor', analysts at Standard Chartered Bank said. Image by ...
The Iranian parliament has voted to close the Strait of Hormuz following U.S. airstrikes on Iranian nuclear facilities, a move that would significantly disrupt global energy markets. The Strait of ...
When looking at a map, the Strait of Hormuz might not seem all that impressive. It’s just a slim waterway squeezed between Iran and Oman. But don't let the size fool you. This narrow passage is one of ...
During the recent conflict between Iran and Israel, Iran threatened to block the Strait of Hormuz, one of the world’s major shipping routes. Would that be possible, and what effects would it have? The ...
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