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Shippers on Edge Around Strait of Hormuz After Israel-Iran Escalation

OilPrice.com Friday, 13 June 2025 ()
Following the Israel-Iran flare-up in the Middle East, the UK and Greece have cautioned their commercial shipping companies to be extra careful and log all voyages through the world’s key oil transit chokepoint, the Strait of Hormuz. Israel launched overnight a series of coordinated airstrikes on Iran, targeting nuclear facilities in what it describes as a decisive move to prevent the Islamic Republic from becoming a nuclear power. Iran has vowed retaliation and launched drones at Israel on Friday. The shipping industry fears an escalation…
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Video Credit: euronews (in English) - Published
News video: Alarmed European leaders urge immediate de-escalation between Israel and Iran

Alarmed European leaders urge immediate de-escalation between Israel and Iran 01:23

Alarmed European leaders urge immediate de-escalation between Israel and Iran The military attacks between Israel and Iran have caused alarm across Europe, with leaders calling on both parties to immediately de-escalate. READ MORE :...

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