Shippers warned to stay away from Iranian waters over seizure threat as U.S.-Iran tensions high

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Shippers warned to stay away from Iranian waters over seizure threat as U.S.-Iran tensions high
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Shippers warned to stay away from Iranian waters over seizure threat as U.S.-Iran tensions high -

A similar warning went out to shippers earlier this year ahead of Iran seizing two tankers traveling near the strait, the narrow mouth of the Persian Gulf through which 20% of the world’s oil passes.

A U.S.-backed maritime group called the International Maritime Security Construct “is notifying regional mariners of appropriate precautions to minimize the risk of seizure based on current regional tensions, which we seek to de-escalate,” Hawkins said. “Vessels are being advised to transit as far away from Iranian territorial waters as possible.”

“Previously, after a similar warning was issued, a merchant vessel was seized by Iranian authorities under a false pretext,” the firm warned. The Strait of Hormuz is in the territorial waters of Iran and Oman, which at its narrowest point is just 33 kilometers wide. The width of the shipping lane in either direction is only 3 kilometers . Anything affecting it ripples through global energy markets, potentially raising the price of crude oil. That then trickles down to consumers through what they pay for gasoline and other oil products.

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