Why Strait of Hormuz Is Vital, and Risky, for Shipping
The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles around 26% of the world’s oil trade, ...
Hosted on MSN11mon
'Iran is in for the long haul' with oil tanker hijacks, expert says, as U.S. considers more sanctions
Iran is unlikely to ever close the Strait of Hormuz to tanker traffic given the importance of exporting its oil to China. But the tankers it hijacks are likely to be held for a long time ...
The American Conservative5y
What if Iran Retaliates and Shuts Down the Strait of Hormuz?
The military debate over Iran’s ability to close the Strait of Hormuz, and the U.S. ability to respond to such a threat, is moot—no insurance company will cover any oil tanker seeking to ...
Al Bawaba News1mon
Pipeline that bypasses Strait of Hormuz still at limited capacity
where tankers will be able to pick up the oil instead of sailing into the Gulf via the Strait of Hormuz, the narrow waterway watched over by Iran. It is known as Abu Dhabi Crude Oil Pipeline ...
The American Conservative5y
Strait of Hormuz: The Most Dangerous Place on Earth
The tanker remained anchored off the ... Moreover, Iran could completely shut down the Strait of Hormuz, cutting off 30 percent of the global oil supply, devastating the global economy.
MercoPress5y
Iran dismisses as “baseless” US accusations of twin attacks on two tankers in the Strait of Hormuz
CENTCOM released grainy black and white video it said showed crew members of an Iranian patrol boat removing an “unexploded limpet mine” from the hull of Japanese-owned tanker Kokuka Courageous.
Wall Street Journal5y
Oil, Defense and Sanctions: Why the Strait of Hormuz Is So Volatile
As tensions between the U.S. and Iran rise, a series of incidents has put a strategic maritime waterway back into the spotlight: The Strait of Hormuz. WSJ’s John Simons explains. Photo ...
The Week13d
Iran's open challenge to US: Sets up missile systems at 3 disputed islands near Strait of Hormuz
Iran controls Greater Tunb, Lesser Tunb, and Abu Musa islands near the Strait of Hormuz, a globally vital shipping lane, ...
Wall Street Journal9y
Strait of Hormuz: Volatile Waterway Essential to Oil Flow
Thirty percent of the world's seaborne oil shipments pass through the Strait of Hormuz in the Middle East. But it's often a flashpoint for both regional and global powers.
Business Insider India10y
These 8 narrow chokepoints are critical to the world's oil trade
The Strait of Hormuz is able to accommodate the largest oil tankers in the world. But Iran has indicated that it could be willing to disrupt the strait. Tehran has previously threatened to mine ...
Al-Monitor4y
South Korea dispatches anti-piracy unit after Iran seizes oil tanker
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...