Commodity vessel transits through Hormuz Strait drop to three-month low

Commodity vessel transits through Hormuz Strait drop to three-month low Only one commodity vessel reportedly transited the Strait of Hormuz on Monday, preliminary Kpler shipping data showed on Tuesday. A large gas carrier entered the strategic waterway from the Gulf of Oman on Monday, making it the lowest number

Iran’s Persian Gulf Strait Authority (PGSA) on Sunday warned that it will fine and detain commercial vessels accused of violating its protocols for passing through the Strait of Hormuz. The PGSA stated on social media that 45 named vessels have been blacklisted and could have their cargoes confiscated. “Effective immed

TotalEnergies profitably moving heavily discounted oil through Strait of Hormuz, says CEO  Reuters

Tehran said vessels violated protocols for travelling across waterway and could face fines or confiscation

Aug 24 (Reuters) - Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X. The warning heightens risks for the charterers and shipowners whose vesse

The warning heightens risk for charterers and shipowners that use the waterway.

Continued economic pressure could prompt Iran to target Gulf oil exports and US economic interests, Tehran has said.

The announcement marks another escalation in Iran's efforts to exert greater control over the key waterway.

US president Donald Trump accused Tehran of not being ready to make the ‘right deal’

Iran gives permission for Iraqi oil tankers to pass through Strait of Hormuz  thenationalnews.com