
Iran’s Khamenei vows punishment after US joins Israeli attacks
Israel and Iran continue to trade attacks as US President Donald Trump hints at possible regime change in Tehran.
23s ago
(04:40 GMT)
Two supertankers make U-turn in Strait of Hormuz after US strikes on Iran: Report
The Coswisdom Lake and South Loyalty, which are both capable of hauling about 2 million barrels of crude, have turned around in the Strait of Hormuz after US air strikes on Iran raised the risk of conflict in the region, according to Bloomberg.
The two empty freighters had entered the waterway on Sunday and then “abruptly changed course”, the report said, citing tracking data.
“The turning oil carriers offer the first signs of re-routing,” Bloomberg reported, and the move comes as “vessel owners and traders are closely watching for signs that the escalation in the Middle East will affect movements and flows”.
Iran has previously threatened to close the Strait of Hormuz, which is the only marine entry into the Gulf. According to the US Energy Information Administration, about 20 percent of global oil consumption flows through the Strait, which the agency describes as the “world’s most important oil transit chokepoint”.
