Shipping on high alert in Mideast after U.S. strikes on Iran
Briefly

Tensions in the shipping industry have escalated following US airstrikes against Iranian nuclear facilities, prompting Greece to advise its shipowners to reconsider entering the Persian Gulf. The advisory emphasizes the heightened risks of navigating the Strait of Hormuz, a crucial route for global oil transport. Despite the warnings, there is speculation that operators may still choose to transit due to the region's importance. Observing increased tanker revenues in recent weeks highlights the financial stakes intertwined with evolving geopolitical tensions in the area.
Greece warned its ship owners to reassess entering the Persian Gulf following US airstrikes on Iran, citing increased risks to vessels.
The shipping industry faces heightened tension in the Persian Gulf as oil tanker earnings surge amid escalating conflicts and wariness of Iranian retaliation.
Read at Fortune
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