The new Iranian rules reshaping global oil shipping
The new Iranian rules reshaping global oil shipping
#breakingnews #usiranwar #straitofhormuz #iranisraelwar
Iran is tightening its grip on the Strait of Hormuz, with Reuters uncovering a new system that vets and sometimes charges ships for safe passage through one of the world’s most important oil chokepoints.
Tracking data from a tanker carrying Iraqi crude reveals how vessels are now navigating an Iranian-controlled transit regime as global energy markets remain under pressure from conflict in the Gulf.
The Strait of Hormuz handles around 20% of the world’s oil supply, and analysts warn Tehran is increasingly using control of the waterway for economic and political leverage.
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