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Iran's Revolutionary Guards have warned that oil tankers crossing the Strait of Hormuz without authorisation risk being stopped, even as one tanker proceeded through the waterway. The threat could push up war-risk insurance premiums and crude prices, with major importers like India directly exposed.
QatarEnergy's tanker Al Kharaitiyat crossed the Strait of Hormuz safely and was heading to Pakistan, per shipping firm Kpler. The transit is being watched closely as the U.S. awaits Iran's response to a nuclear peace proposal that could affect Gulf shipping risk.
China's foreign ministry confirmed a Chinese-crewed oil products tanker was attacked in the Strait of Hormuz and said it is deeply concerned about vessels caught in the Middle East conflict.
Trump says the US-Iran ceasefire is still in place after an exchange of fire in the Strait of Hormuz. Iran alleges the US struck an oil tanker and coastal areas, raising fears of disruption to a waterway that carries roughly 20% of global oil supply.
Tag
Iran's Revolutionary Guards have warned that oil tankers crossing the Strait of Hormuz without authorisation risk being stopped, even as one tanker proceeded through the waterway. The threat could push up war-risk insurance premiums and crude prices, with major importers like India directly exposed.
1mo ago · 3 min · Global Affairs
QatarEnergy's tanker Al Kharaitiyat crossed the Strait of Hormuz safely and was heading to Pakistan, per shipping firm Kpler. The transit is being watched closely as the U.S. awaits Iran's response to a nuclear peace proposal that could affect Gulf shipping risk.
3mo ago · 2 min · Global Affairs
China's foreign ministry confirmed a Chinese-crewed oil products tanker was attacked in the Strait of Hormuz and said it is deeply concerned about vessels caught in the Middle East conflict.
3mo ago · 2 min · Global Affairs
Trump says the US-Iran ceasefire is still in place after an exchange of fire in the Strait of Hormuz. Iran alleges the US struck an oil tanker and coastal areas, raising fears of disruption to a waterway that carries roughly 20% of global oil supply.
3mo ago · 2 min · Global Affairs
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