Unbiased AI-powered news
2 stories related to this topic, newest first.
The U.S. has adopted ship-to-ship oil transfers in waters off Oman and the United Arab Emirates to move crude past areas claimed by Iran’s Persian Gulf Strait Authority. The transfers occur outside the authority’s asserted jurisdiction before tankers return through the strait.
Washington ExaminerThe Strait of Hormuz has been effectively closed to commercial shipping for two months due to Iranian threats of attack. Insurers have withdrawn coverage or set prohibitive terms, causing tankers to remain idle and energy prices to rise. The U.S. has begun a naval effort to reope…