Article may be outdated

This article is 11 days old. Some details may have changed since publication.

The Times of India·4 min read·hard

Iran blacklists 45 tankers over Strait of Hormuz rules amid fresh US sanctions threat

S
Shivanghi Payal
Iran blacklists 45 tankers over Strait of Hormuz rules amid fresh US sanctions threat
AI Summary

Iran has blacklisted 45 oil and gas tankers for violating transit rules in the Strait of Hormuz, threatening fines and cargo confiscation. This move escalates regional tensions amid ongoing international sanctions and conflict.

Why it matters

The Strait of Hormuz is a critical global energy chokepoint; actions taken here can significantly impact global oil prices and maritime security.

Dive DeeperCreate a free account to unlock

Iran has blacklisted 45 tankers for allegedly violating its rules for crossing the Strait of Hormuz and warned that vessels conducting ship-to-ship transfers with them could also face action, escalating tensions over the key waterway nearly six months into the war.The Persian Gulf Strait Authority, a new body set up by Iran to manage the strait, said in an X post late on Sunday that the vessels could be fined, detained and have their cargoes confiscated.The list includes very large crude carriers, liquefied natural gas and liquefied petroleum gas tankers, and clean product vessels. Some are owned by the UAE's ADNOC Logistics and Shipping (ADNOC L&S), ADNOC subsidiary Navig8 Tankers and Saudi Arabia's national shipping carrier Bahri.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
worldeconomypolitics

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in