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Strait of Hormuz crisis Tankers and Gas Political Risk and Trade

Iran proposes Hormuz shipping corridor as tanker war with US escalates

  • Tehran says it will soon sign an agreement with Oman establishing a new shipping route through the Strait of Hormuz
  • IMO is yet to receive any official proposal
  • Announcement follows US strikes on three Iran-linked tankers after Iranian missile attacks on US warships, marking a significant escalation in the maritime conflict

  • News

Iran says it is close to agreeing a new shipping corridor through the Strait of Hormuz with Oman, as a rapidly escalating tanker conflict with the US raises the prospect of wider disruption to global energy flows and commercial shipping

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