The Stena Impero was impounded with its 23 crew members aboard at the port of Bandar Abbas after the Islamic Revolutionary Guard Corps seized it in the Strait of Hormuz
Strait of Hormuz
Arabian Gulf
Iran ignores calls to release British-flagged tanker
British Foreign Secretary Jeremy Hunt says seizure showed ‘worrying signs Iran may be choosing a dangerous path’
Arabian Sea
Bahrain to host security conference amid Iran tensions
Announcement comes as tensions in the Gulf have spiked in recent months, with the US blaming Iran for a series of tanker attacks
Gulf of Oman
US Central Command chief vows to boost Gulf maritime security
Kenneth McKenzie pledges to work ‘aggressively’ to ensure maritime safety in strategic Gulf waters
Iran
Iran Guards seize ‘foreign tanker’ accused of fuel smuggling
Announcement follows Iran saying it had come to the aid of a foreign tanker after receiving a distress call
Bahrain
Opinion: how escalating US-Iran tensions could impact Gulf company ratings
S&P Global explores investor questions about how the evolving geopolitical volatility could affect ratings
British government
UK to send third Royal Navy warship to Gulf
Britain has already sent the HMS Duncan, an air defence destroyer, to cover for frigate HMS Montrose while it undergoes maintenance in nearby Bahrain
Arabian Gulf
UAE says ‘missing’ oil tanker didn’t give distress signal
Panamanian-flagged Riah, which entered Iranian waters and stopped transmitting its location, does not carry Emirati personnel
Donald Trump
Tankers? What tankers? The growing trend of tankers going off grid
The phenomenon of empty oil tankers entering the Gulf of Oman near the Strait of Hormuz, disappearing off the grid and then reappearing full days later shows that elements of the trade war between China and the United States is being played out right in our own backyard
cost of shipping
UK says sending second warship to Gulf as tensions rise
Britain’s move comes after government designates the Gulf region a level-3 risk for ships, the highest possible threat level
Arabian Gulf
US, allies planning naval escort for Gulf tankers
Top US general reveals escort plan after Iranian military vessels menaced a British tanker in the Arabian Gulf
#Syria
Massive slump in Iranian oil exports, despite ‘disappearing tanker’ phenomenon
US sanctions on Iran has seen exports slump by nearly 90%
#Syria
Strait of Hormuz: The mystery of the disappearing tankers
Empty tankers are going off grid in order to collect Iranian oil, then appear full days later
Russian Foreign Minister
UAE needs clear evidence about oil tanker attack, says foreign minister
While an investigation by the UAE, Norway and Saudi Arabia concluded that a ‘state actor’ was most likely behind the incident in May, no nation was singled out
Amin Nasser
Oil supply will keep flowing even if Hormuz route is disrupted, says Saudi Aramco
Aramco will draw on previous experience to keep supplies flowing, said CEO Amin Nasser
Gulf of Oman
Gulf oil shipments now cost more than $500,000 to insure
The cost of insuring Middle East oil shipments is soaring as tensions mount
Gulf of Oman
US, Britain, UAE, Saudis urge ‘diplomatic solutions’ on Iran
Joint statement released by the US as Secretary of State Mike Pompeo met Saudi and Emirati leaders