Iran Holds World Hostage” – Fears Rise Over Strait of Hormuz Closure After US Strikes
Supertankers Change Course Amid Fear of Hormuz Closure Fears are growing that Iran may close the Strait of Hormuz , a major global oil route, in response to recent U.S. airstrikes on Iranian nuclear facilities . This uncertainty has already caused movement in global shipping lanes. Tracking data shows three large tankers—Marie C , Red Ruby , and Kohzan Maru —have diverted from their original paths or dropped anchor near UAE waters , signaling caution among operators. The Strait of Hormuz carries about 20% of the world’s oil supply , making any disruption there a global concern. Iranian Threats Raise Alarms Across the Industry Iranian leaders have issued strong statements since the U.S. attack, warning of consequences that could affect global energy markets. This includes the possibility of shutting down the Strait of Hormuz , which would immediately send oil […]