Shipping industry split on how to police Strait of Hormuz | Financial Times:
The global shipping industry is split on how best to police the Strait of Hormuz as it braces for potential trade disruption through one of the world’s most important waterways, after Iran’s seizure of a British-flagged tanker on Friday.
A third of the world’s seaborne oil passes through the Strait of Hormuz and for shipowners, brokers and industry groups the latest incident was a clear contravention of international regulations and the freedom of navigation which underpins global trade.
The confrontation ratcheted up tension between Iran and the west after Britain detained a tanker earlier this month on suspicion of smuggling oil to Syria in violation of EU sanctions. It happened a day after Washington claimed to have shot down an Iranian drone that ventured too close to an American warship in the Strait, which Iran has denied.
No comments:
Post a Comment