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—❗ NEW: The Persian Gulf Strait Authority (PSGA) announces that any vessels that violate the Iranian arrangements for crossing the Strait of Hormuz will be placed on a ‘non-compliance’ list. These vessels will not receive easy permission to transit the…
— / NEW: An Omani diplomatic delegation traveled to Tehran, Iran, earlier today to discuss mechanisms for managing ship traffic through the Strait of Hormuz, according to IRNA.
— / NEW: Shipping companies no longer trust U.S.-military guided escorts through the Strait of Hormuz – Reuters
Natural gas and oil prices rose after reports of an attack on a Qatari LNG-carrying vessel near the coasts of Oman, as it exited the Strait of Hormuz. The European natural gas index rose by more than 4.5% to 46 euros, equivalent to $52.5 per megawatt-hour. Brent crude oil prices also rose by 1.2% to about $73 per barrel, the highest level in the past week. State television of the Islamic Republic reported that the…
💢 Traffic on the southern route is resuming, but in comparison with the Iran corridor, only a small number of ships use it. Apparently, the only reason ships use the U.S.-backed corridor is that American forces pressure them to do so in order to oppose Iran’s rules. 🔴
Bloomberg reported that at least eight ships that intended to exit the Persian Gulf via the coast of Oman and the Strait of Hormuz reversed course between Friday and Saturday. According to this news outlet, the change in the ships’ routes indicates that the full reopening of this strategic waterway still faces efforts by the Islamic Republic to impose control over shipping routes. Based on ship-tracking data, some…
