Iran warns vessels against transiting Strait of Hormuz

Summary

Iran's Islamic Revolutionary Guard Corps has issued warnings to vessels against transiting the Strait of Hormuz, escalating tensions. This has led to increased shipping costs and insurance concerns, although enforcing a closure would be challenging.

Recent Coverage

• Iran Guards claim ‘complete control’ of Strait of Hormuz, warn ships face missile and drone risk

  Economic Times - India Time • Mar 4

• China Pressures Iran to Keep Strait of Hormuz Open to Oil and Gas Flows

  OilPrice.com • Mar 3

• Iran vows to attack any ship trying to pass through Strait of Hormuz

  Economic Times - India Time • Mar 3

• World’s Most Critical Oil Route Under Operational Freeze

  OilPrice.com • Feb 28