Strait of Hormuz News

UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf

The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just as European nations scramble to salvage a landmark nuclear accord with the Islamic Republic. The BP Plc-operated British Heritage, which …

Oil Tankers Steer Clear of Middle East Refueling Hub As Attacks, Insurance Costs Rise

Oil tanker owners are avoiding sending their ships to the Middle East’s main refueling hub after a spate of attacks on vessels in the past two months ratcheted up tensions and highlighted the growing risks of operating in the region. …

Iran Flexes Military Muscle in Persian Gulf, Amid Rising Tensions

With tensions over its roles in Yemen, Iraq and Syria already high, Iran is flexing its military muscle in the Persian Gulf. For the third time in as many weeks, Islamic Revolutionary Guard Corps patrol boats have fired at or …

Iranian Boats Fired Shots Across Bow of Singapore-Flagged Ship in Persian Gulf

Four Iranian patrol boats fired warning shots across the bow of a Singapore-flagged merchant ship in the Persian Gulf on Thursday before it escaped into the territorial waters of the United Arab Emirates, according to the U.A.E.’s coast guard. “The …

Growing Yemen War Risk Threatens Vital Sea Routes; Premiums Likely to Jump

With Middle East giants Saudi Arabia and Iran squaring up on opposing sides in the Yemen war, the dangers to vital oil tanker and goods voyages are growing daily. Millions of barrels of oil pass through the Bab el-Mandeb and …