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Strait of Hormuz crisis Political Risk and Trade Sanctions

US strikes vessel, Qeshm Island and sanctions Iranian crypto exchanges amid shaky ceasefire

  • False flagged sanctioned tanker Lexie was en route to Iran’s Kharg island when it was struck after failing to comply with US forces for more than 24 hours
  • US forces launched strikes on Qeshm Island and intercepted attempted attacks on Bahrain
  • Centcom intercepted Iranian missiles targeting civillian mariners that were rightfully transiting the strait
  • Ofac’s latest designations target Iran’s digital asset exchanges; the Treasury also warned against toll payments to Iran for safe passage

  • News

Tensions rise as attacks continue despite an ongoing ceasefire between the US and Iran. Shipping eagerly awaits a resolution to the ongoing choke on Middle East Gulf exports

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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