Tanker rates double as shipowners steer clear of Strait of Hormuz
Costs to charter crude carrier from Gulf to China soar after Israel’s strikes on Iran
Costs to charter crude carrier from Gulf to China soar after Israel’s strikes on Iran

Israel’s strike on Iran raises questions about waterway handling quarter of world crude oil supplies

Traders have shrugged off escalation of Israel-Iran conflict amid lack of disruption to exports from region

Vessels face dangers from electronic interference to Houthi attacks and threat of further escalation in Israel-Iran war

Address by Trump signalling possible escalation of Iran conflict raises prospect of prolonged closure of Strait of Hormuz

Crude prices soar over potential for disruption to the narrow waterway

Saudi pipeline allows ships to avoid perilous Strait of Hormuz but they must now brave notorious hotspot for Houthi attacks