A recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran's response suggests a move from threatening a complete blockade to asserting control and demanding recognition for its role in regulating shipping. This highlights a new risk premium in energy markets, focusing on potential disruptions and political conditions for passage rather than outright conflict.

"Iran will not have the ability to close the Strait of Hormuz going forward."

Iranian attack on cargo vessel near Oman spikes crude oil prices. Normal traffic through Strait of Hormuz by July 15 at 34.5% YES.

Oil prices dipped further Friday, despite conflicting interpretations of the interim U.S.-Iran deal and a slowdown in traffic through the strait.

Oil markets wobble as Iran tightens its grip on the Strait of Hormuz

A recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran's response suggests a move from…

Iran's attack on a vessel raises war-risk insurance premiums sharply. Average daily transits of the Strait of Hormuz on June 30 at 51% YES.

Just ten days after Donald Trump’s much‑publicised peace memorandum with Iran, the deal is already in serious trouble. As Iran and the U.S. traded fire following tanker attacks in…

Oil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.

Experts told The New York Times that Iran sees its ability to disrupt traffic through the Strait of Hormuz as critical leverage against the United States, even if preserving that…