Strait of Hormuz
Blockade of the Strait of Hormuz does not justify lifting sanctions on Russia, says Macron
The French President believes that the blockade of the Strait of Hormuz does not justify the lifting of sanctions against Russian oil.
The price of insurance for ships passing through the Strait of Hormuz has increased 12 times
The cost of insurance for ships passing through the Strait of Hormuz has increased 12 times due to military risks in the region.
Russia benefits from the tanker traffic crisis in the Persian Gulf
Shipowners and traders are reacting to the escalation of risks in the Strait of Hormuz: freight rates are rising and pressure on the energy market is increasing.
Shipping risks: how companies are responding to the escalation between Israel and Iran
Global shipping companies have warned of risks to key shipping lanes after Israel’s strikes on Iran, including the Strait of Hormuz.
Hormuz Strait during the height of the Iranian-Israeli conflict
The escalation of the conflict between Iran and Israel has become a new cause for concern. Iran has repeatedly attacked merchant vessels crossing the strait over the years and has threatened to block transit in the past.
