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Strait

Iran fires missiles, drones at Gulf states amid Hormuz ship attack

Iran launches missiles and drones across Gulf as tankers struck near Hormuz; oil prices surge Iran fired missiles and drones at targets across the Gulf on Wednesday, including what it said were two missiles aimed at Camp Arifjan in Kuwait, as regional militaries scrambled to intercept incoming threats and maritime authorities reported commercial ships hit near the Strait of Hormuz. The escalation, which Tehran described as the 37th wave of attacks on day 12 of the U.S.-Israel war “on Iran,” deepened fears over energy…

Trump Vows Unprecedented Action if Iran Mines the Strait of Hormuz

Trump threatens ‘unprecedented’ response if Iran mines Strait of Hormuz WASHINGTON — President Donald Trump on Tuesday warned Iran of severe military consequences if Tehran attempts to block the Strait of Hormuz with naval mines, saying the United States would respond at a level “never seen before.” The warning followed intelligence assessments indicating Iranian forces may be preparing to deploy dozens of mines in the narrow waterway, through which roughly one-fifth of the world’s oil supply transits. Trump said there were…

Oil and gas freight costs soar as Iran threatens Strait of Hormuz

Strait of Hormuz disruption sends tanker and LNG shipping rates to records as U.S.-Iran tensions spike Global oil and gas shipping costs surged to fresh records as traffic through the Strait of Hormuz slowed to a near standstill after Tehran targeted vessels transiting the key waterway, according to shipping data and industry sources. The choke point between Iran and Oman carries roughly one-fifth of the world’s oil and significant volumes of liquefied natural gas. The strikes on ships, part of Iran’s retaliation to U.S. and…

Iran Claims Strait of Hormuz Closure, Fueling Fears of Oil Market Shock

AXADLE, Somalia — Iran’s state media reported that the Islamic Revolutionary Guard Corps has declared the Strait of Hormuz closed to maritime traffic, warning commercial and oil tankers against attempting to transit the waterway as regional tensions escalate. According to Reuters, a senior IRGC commander said vessels that try to pass through the strait would face direct attack, adding that ships violating the order would be set ablaze. The remarks, carried by Iranian state outlets, immediately raised fears of energy-market…

Piracy in the Indian Ocean and Singapore Strait Sparks Concerns Over Worldwide Shipping Pathways

Mogadishu (AX) — The resurgence of pirate activity in the Indian Ocean alongside a surge of armed robberies in the Singapore Strait has reignited international apprehension regarding maritime safety. These notorious acts now pose a renewed threat to crucial global shipping avenues. Alerts from the European Union Naval Force (EUNAVFOR) and the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP ISC) have startled ship operators. They advised boosting ship defenses in these…