The U.S. has turned down requests to escort ships in the strait. The IEA will launch the largest-ever oil release from emergency stocks
A bulk carrier operated by Greek shipowner Petros Pappas’ Star Bulk Carriers was struck near Dubai Wednesday, one of three vessels hit in separate incidents in the Strait of Hormuz, a critical global energy and shipping corridor.
Tehran is letting ships carrying its crude go through the strait, while it scares off others that would dare
The Netherlands and France are sending warships to protect Cyprus and secure maritime routes as the conflict in the Middle East threatens regional shipping lanes
Iran’s Revolutionary Guards say the Strait of Hormuz will remain open but warn vessels linked to the United States and Israel could be attacked as tensions disrupt shipping through the key oil transit route
The kingdom’s ability to reroute oil flows relies on its East-West pipeline
Ship traffic slowed to a halt after the Iran conflict broke out, stalling oil and container ships
Short-term LNG freight rates have surged over 20%, and VLGC earnings have climbed sharply amid rising market uncertainty.
Freight rates for supertankers and LNG carriers surge as traffic through the Strait of Hormuz nearly halts amid escalating U.S.-Iran tensions, sending energy markets sharply higher.
Dozens of ships remain stranded as traffic through the vital oil route stays shut for a fourth day, with Greece urging protection for global shipping and seafarers amid the escalating Iran conflict
Greece's shipping ministry is on heightened alert and in communication with marine companies; no incident has been reported so far with Greek-owned vessels operating in the wider maritime region
Greek-owned vessels advised to exercise maximum caution when sailing through the critical sea lane
Tehran announced temporary closures in the vital oil route as indirect nuclear negotiations with Washington began in Geneva amid a U.S. military buildup
Amid rising tensions with Iran, U.S. warns commercial vessels to avoid territorial waters and not resist boarding, highlighting ongoing nuclear and regional security concerns
Ship traffic through the Strait of Hormuz continues with a slight decline, amid the backdrop of the escalating conflict between Iran and Israel.
Greece fears a closing of the Strait of Hormuz, and is on alert for increased migration flows and terrorist attacks following the Damascus bombing.
Bloomberg reports that ships planning to navigate the narrow passage of the Persian Gulf should reassess their transit through the Strait of Hormuz