Iran closes Strait of Hormuz
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Commercial ships remain cautious about transiting the strait as tensions escalate between the U.S. and Iran again.
Commercial ships came under fire and threats from Iran's military as they tried to cross the Strait of Hormuz on Saturday, security monitors said, as Iran closed the crucial trade route again
The day after Iran declared the vital waterway open, it reversed course, injecting new peril into navigation there.
Ship-tracking data shows 279 ships have passed through the strait and 22 have been attacked since the war on Iran began.
Analysts warn shipping risks through the conduit are at their highest level yet after this weekend's vessel strike and U.S. seizure of an Iranian-linked ship.
Iran is blaming a US blockade for the closure, saying it breaches the ceasefire reached between the two countries.
The vessels were forced to dock in ports throughout the Persian Gulf since the conflict broke out on Feb. 28
Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz.
A shipping risk firm reported fake ‘safe passage’ offers demanding crypto payments as tensions choke traffic through the strait.
Defense News on MSN
Vessels report being hit by gunfire as Iran says Strait of Hormuz shut againMerchant vessels attempting to cross the strait on Saturday received radio messages from Iran's navy telling them they were not allowed to pass.
Hundreds of oil tankers are stranded at the Strait of Hormuz after Iran shut the chokepoint, with crews reporting gunfire and traumatic experiences.