strait hormuz

Oil tanker seizure raises serious questions about shipping security, says Hunt   -14%

Jeremy Hunt has said the seizing of a UK-flagged tanker by Iran “raises very serious questions” about the security of British and international shipping in the Strait of Hormuz.


Iran diplomat summoned over oil tanker seizure   -6%

The Foreign Office has summoned Iran’s charge d’affaires following the seizure of a British-flagged oil tanker in the Strait of Hormuz.


Iran probes British-flagged tanker seized after collision  


Iran opened an investigation on July 20 into a British-flagged tanker it alleges collided with a fishing vessel in the Strait of Hormuz, as tensions mount in the strategic waterway.


US says Navy ship 'destroyed' Iranian drone in Gulf  


The United States said on July 18 that a U.S. Navy ship had "destroyed" an Iranian drone in the Strait of Hormuz after the aircraft threatened the vessel, but Iran said it had no information about losing a drone.


Gulf tanker incidents may raise shippers costs, cut traffic   -8%

Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for shipping companies and could eventually reduce tanker traffic in the … Click to Continue »


Europe's Outcry Mounts Over Iran's Tanker Seizure, U.K. Stresses 'Desire To Deescalate'   -3%

The EU has accused Tehran of risking "further escalation" and inhibiting efforts to defuse dangerous tensions in the strait used to transit most of the Middle East's oil as Britain and its allies sought a solution to Iran's seizure of a U.K.-flagged tanker in the Strait of Hormuz.


Tensions With Iran Reach the Point of Inevitability   5%


Updated at 5:45 p.m. ET

Something like this was bound to happen.

The U.S. Navy destroyed an Iranian drone over the Strait of Hormuz after President Donald Trump said it came within “threatening” range and ignored “multiple calls to stand down.”

Trump said the action taken by the USS Boxer, a Wasp-class amphibious assault ship, was “defensive.” “This is the latest of many provocative and hostile actions against vessels operating in international waters,” Trump said.

The confrontation came amid escalating provocations by the Iranian government, lashing out against the Trump administration’s ‘maximum pressure’ campaign. Still, Trump has been reluctant to use force— on a recent occasion pulling back on a strike after Iran shot down an American drone, saying the U.S. response wouldn’t have been proportionate. Today’s action allows the Trump administration to appear tough, but, given the tensions, also risks escalation in an already volatile region.

The Trump administration has coupled its tough talk against Iran with intensified sanctions designed to cripple Iran’s economy and target its proxies. As part of this effort, the Treasury Department sanctioned Thursday a network of front companies and agents that it said were "involved in the procurement of sensitive materials for sanctioned elements of Iran’s nuclear program," as well as two leaders of Iran-backed militias in Iraq. Other aspects of the Iranian economy have also been sanctioned and the Revolutionary Guard Corps has been labeled a terrorist organization. The moves underscored that despite its tough rhetoric, the Trump administration's preferred method of confronting the Iranians remains in the relatively mundane world of sanctions policy.

Read: [The Iran hawks are circling]

Still, Benjamin H. Friedman, a policy director at Defense Priorities, said Thursday's action set the conditions “for a miscalculation that could quickly spiral into a broader war.”

“Maximum pressure has harmed Iran’s economy, but it has failed in its aims—it has encouraged Iran to restart its nuclear weapons program and increase its hardline polices," he said in a statement.

Besides, the Iranian downing of U.S. drone, Washington has accused the Islamic Republic of attacking tankers in the Gulf of Oman. Meanwhile, Iran has increased its uranium enrichment activity to a level that imperils its commitment to the 2015 nuclear deal which the Trump administration withdrew from last year. The deal’s European signatories have been unable to provide Iran with sufficient economic relief.

Those European powers —the U.K., France and Germany—for now remain in lockstep over the need to keep the agreement alive for as long as possible.

On Monday, the British Foreign Secretary Jeremy Hunt—one of the two candidates to replace Theresa May as prime minister—confirmed that the U.K. continued to support the nuclear deal but warned the Iranians needed to stick to their side of the bargain regardless of the U.S. decision to withdraw.

“There can be no ‘partial’ compliance,” Hunt tweeted. “You are either on path to a nuclearised Middle East or not…” But it’ll no doubt be harder for European powers to insist the pact can be resurrected, as long as military provocations continue and Iran continues to chip away at its nuclear-deal commitments.

Read: [America’s free-rider problem in the Strait of Hormuz]

Behnam Ben Taleblu, a senior fellow at the Foundation for the Defense of Democracies, said in a statement it was unlikely the shooting down of the drone would lead to "World War III," adding that Iran’s goal was to get “America to cease its maximum pressure campaign” and ... “return to the” nuclear deal.

“While the regime in Tehran will need to recalibrate in the short term, it’s likely that Iran will continue to escalate in other theaters, be it across the Gulf region or in cyberspace,” he said.

Last month Trump considered airstrikes on Iran after it shot down a U.S. surveillance drone, but pulled back at the last minute because of the possibility of civilian casualties. At the time, Trump said killing Iranians wouldn’t be “proportionate to shooting down an unmanned drone.”

The U.S. action today satisfies Trump’s cautious approach to military action. The president, despite some of his more hawkish advisers’ instincts to the contrary, has adamantly opposed any action that could metastasize into a wider conflict. (His major intervention in Syria only came after the Assad regime used chemical weapons on civilians, including children.) In the ongoing tensions with Iran, he has preferred to let sanctions do the talking while signaling he is open to dialogue. Yet, Iran’s continued provocations have become hard to ignore. This week it seized a Panamanian-flagged, UAE-based tanker and accused its crew of smuggling fuel. Last week, the U.K. defense ministry said Iran tried to block passage of a British tanker in the Strait of Hormuz; that’s after British forces seized an Iranian tanker that they said was headed to Syria in violation of European sanctions against the Assad regime.

Read: [Is there still a deal to be done with Iran?]

Even though both sides—the U.S. and Iran—insist they don’t want war, the preexisting tensions in the region, combined with Iran’s anger at being denied the benefits of the nuclear agreement, mean that one miscalculated provocation can lead to a larger conflagration.

“We live in a very dangerous environment,” Zarif said Thursday at the United Nations before news of the drone was made public. “The United States has pushed itself and the rest of the world into probably the brink of an abyss.”

Tom McTague in London and Mike Giglio in Washington, D.C., contributed.


Iran tanker seizure raises serious questions for international shipping: UK's Hunt   -13%

Iran's seizure of a British-flagged tanker raises very serious questions for British and international shipping in the Strait of Hormuz, foreign minister Jeremy Hunt said on Saturday.


UK foreign office summons Iranian charge daffaires over tanker seizure   -6%


Britain summoned the Iranian Charge d’Affaires in London after Friday’s seizure of a British-flagged tanker in the Strait of Hormuz, the British Foreign Office said on Saturday. The


Germany, France urge Iran to release UK-flagged tanker  


Germany and France on Saturday called on Iran to immediately release a British oil tanker it seized in the Strait of Hormuz. The capture of the Swedish-owned, British-flagged Stena Impero on Friday by


UK warns British ships to avoid Strait of Hormuz  


London Saturday advised British ships to avoid the Strait of Hormuz for "an interim period" following Iran's seizure of a British-flagged oil tanker. "We remain deeply concerned about


Britain says seizure of two vessels by Iran is unacceptable  


Britain said Iran’s seizure of a British-flagged vessel and a Liberian-flagged vessel in the Strait of Hormuz was unacceptable and called for freedom of navigation in the Gulf.


Second tanker in Gulf turns sharply towards Iran, Refinitiv data shows   -6%


A second oil tanker, the British-operated, Liberian-flagged Mesdar, turned sharply north towards Iran’s coast on Friday afternoon after passing westward through the Strait of Hormuz into the


Oil rises after US Navy downs Iranian drone; set for weekly fall  


Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.


Seeking New Routes for Oil Delivery Saudi Arabia Tightens Its Grip on Eastern Yemen   7%

Saudi Arabia is consolidating its military hold on eastern Yemen's al-Mahrah province, hoping to use the area for an oil pipeline that would bypass the Strait of Hormuz.

The post Seeking New Routes for Oil Delivery Saudi Arabia Tightens Its Grip on Eastern Yemen appeared first on MintPress News.


Seizure of British ship Stena Impero a reciprocal move, Iran says   15%


A powerful council in Iran said on Saturday the country’s seizure of a British oil tanker in the strategic Strait of Hormuz was in response to London’s role in impounding an Iranian supertanker two weeks earlier.Spokesman of Iran’s Guardian Council, Abbas Ali Kadkhodaei, was quoted in the semi-official Fars news agency saying “the rule of reciprocal action is well-known in international law” and that Iran’s moves to “confront the illegitimate economic war and seizure of oil tankers is an…


We will destroy any Iranian drones that fly too close to our ships, US says   -17%


The United States will destroy any Iranian drones that fly “too close” to its ships in the Strait of Hormuz and has evidence that it shot down a drone on Thursday, a senior Trump administration official said on Friday.Iran dismissed President Donald Trump’s assertion that the US Navy destroyed one of its drones. Tehran said all of its unmanned planes were accounted for, amid growing international concern that both sides could blunder into a war in the Gulf.“If they fly too close to our ships,…


British warship aims guns at Iranian boats that harassed oil tanker in Gulf, US officials say   5%


Three Iranian ships tried to “impede the passage” of a British oil tanker as it travelled through the Strait of Hormuz, the Defence Ministry in London said on Thursday.The incident heightens tensions in the strategic waters near the Gulf, which is a vital global oil shipping route, and comes as Iran and the United States are locked in a stand-off over the 2015 nuclear accord that Washington pulled out of last year.The British Royal Navy’s HMS Montrose fended off the interception by moving in…


Oil jumps as seizure of tanker escalates Persian Gulf tensions   6%

Oil climbed after Iran's Revolutionary Guard Corp said it seized a British-flagged tanker in the Strait of Hormuz, raising the stakes in one of the world's most important transit ways for crude exports.


Trump says U.S. ship downed Iran drone; Tehran denies losing one   10%

President Donald Trump said the U.S. “immediately destroyed” an Iranian drone that approached the USS Boxer near the Strait of Hormuz, but officials in Tehran denied losing one.


Iranian state media airs video said to disprove U.S. report of downed drone   -7%

Trump said Thursday that an American warship shot down an Iranian drone in the Strait of Hormuz after it had flown within 900 meters of the vessel


Iran's seizure of UK tanker in Gulf seen as escalation  

Iran has seized a British-flagged oil tanker and briefly detained a second vessel in the Strait of Hormuz, intensifying tensions with the West


US to launch plan for 'free passage' of ships in Iran's waterway  

US official says new initiative will seek to ensure 'free, open passage' for ships passing through the Strait of Hormuz.


Iran releases video showing capture of British oil tanker  

Video by Iran's Revolutionary Guard Corps shows how the British oil tanker was seized in Strait of Hormuz on Friday.


UK says tanker seizure shows Iran choosing 'dangerous path'  

As Iranian officials begin probe into seized tanker, London tells UK ships to avoid Strait of Hormuz.


Twitter mutes 3 Iranian news agencies after British tanker seizure  


Farsi accounts of three Iranian news agencies have been suspended on Twitter since Friday, shortly after they reported the capture of a UK-flagged tanker in the Strait of Hormuz. Twitter says the events are unrelated, though.
Read Full Article at RT.com


Seized UK-flagged tanker involved in accident with Iranian fishing boat, probe launched Tehran  


The UK-flagged tanker was entangled in an “accident” with an Iranian fishing boat in the Strait of Hormuz before it was seized by the IRGC, an Iranian official said. Its crew remains on board as a probe was launched by Tehran.
Read Full Article at RT.com


US pressure & EU inaction left Iran with very few options except to retaliate  


The seizure of British-owned oil tankers in the Strait of Hormuz is the signal that Iran's patience has run out, due to European inaction for over a year after the US pullout from the nuclear deal, analysts told RT.
Read Full Article at RT.com


UK warns Iran of consequences for 'unacceptable' tanker seizures   -11%


UK Foreign Secretary Jeremy Hunt has warned Iran of consequences for seizing two vessels in the Strait of Hormuz, one of which has now been released. London's response will be "robust" but not military, he said.
Read Full Article at RT.com


Reports of Iran seizing 2nd UK oil tanker in Strait of Hormuz  


A second British-owned tanker may have been seized by Iranian forces in the Strait of Hormuz, in what appears to be retaliation for the British capture of an Iranian tanker in Gibraltar earlier this month.
Read Full Article at RT.com


Sheer lie: Iran elite military show VIDEO proving no drone downed by US in Strait of Hormuz   -12%


Iran’s Revolutionary Guard Corps released footage which it says disproves the US claim of shooting down an Iranian drone over the Strait of Hormuz, showing the video was transmitted after the alleged time it was destroyed.
Read Full Article at RT.com


Mystery in the Persian Gulf: Vanishing oil tanker near Iran fuels speculation  


Sailing through the Strait of Hormuz, an Emirates-based oil tanker has vanished (from the radar). With the strait a flashpoint for US-Iran tensions, is Tehran to blame?
Read Full Article at RT.com


Iran seizes British tanker in Strait of Hormuz  

A second tanker is now back on its way after it was boarded by armed guards in the Strait of Hormuz.


Britain mounts diplomatic response for Iran to release tanker  


Britain mobilized a diplomatic broadside — but no immediate military action — against Iran on Saturday in retaliation for its seizure of the Stena Impero, a British-flagged tanker, in the Strait of Hormuz.


What's behind Iran's actions in the Strait of Hormuz?   -40%


Experts say what we've been witnessing is a game of tit-for-tat, in which Iran is flexing its muscles in the Strait of Hormuz in order to gain leverage in its disputes with the U.S.


UK vows 'serious consequences' if Iran doesn't release British-flagged tanker   18%


Britain warned Friday there would be "serious consequences" if Iran did not release a UK-flagged oil tanker it seized in the Strait of Hormuz Friday, the latest confrontation in the increasingly tense standoff in the important shipping route.


See moment Iran seizes British-flagged tanker   16%


Britain reiterated warnings that it would take "robust" action if Iran did not release a UK-flagged oil tanker it seized in the Strait of Hormuz, the latest confrontation in a tense standoff unfolding in the important shipping route.


UK warns Iran of potential 'serious consequences'   -12%


CNN's Clarissa Ward reports that UK Foreign Secretary Jeremy Hunt warns there will be "serious consequences" if Iran does not release a UK-flagged oil tanker it seized in the Strait of Hormuz.


UK vows 'robust' action if Iran doesn't release British-flagged oil tanker   16%


Britain reiterated warnings Saturday that it would take "robust" action if Iran did not release a UK-flagged oil tanker it seized in the Strait of Hormuz, the latest confrontation in a tense standoff unfolding in the important shipping route.


'US will shoot down Iranian drones that fly 'too close' to its ships'   -17%


The United States will destroy any Iranian drones that fly "too close" to its ships in the Strait of Hormuz and has evidence that it shot down a drone on Thursday, a senior Trump administration official said on Friday.