Why Is it so Easy for Iran to Shut the Strait of Hormuz?
Following through on an old threat, Iran has effectively closed the Strait of Hormuz, cutting off a vital…
Escape Route Through Strait of Hormuz Now Involves Iran Passage
A Pakistani tanker earlier this week became the latest vessel to sail out through the Strait of Hormuz…
US $20B Reinsurance Plan Unlikely to Restart Gulf Shipping Without Liability Cover
The Trump administration’s $20 billion maritime reinsurance program, which aims to cover hull & machinery, as well as…
Ship Clusters and Speeding Tankers Point to Hormuz Jamming
At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of…
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow
The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz,…
Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off
A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days,…
Strait of Hormuz Shipping Is at Near-Total Halt, JMIC Says
Maritime traffic in the Strait of Hormuz has ground to a near-complete halt, with no oil shipments going…
Lloyd’s Market Engaging With US Government Over Gulf Maritime Plan, Officials Say
The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over a plan…
Oil Tanker Suffers Explosion as Risks Spread Wider Into Gulf
An oil tanker suffered an explosion off the coast of Iraq which damaged a tank that is losing…
Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say
President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with…