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Iran's Aragchi: No intention to close Strait of Hormuz
Added at 8:42am
Added at 8:43am
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UPDATE: A second vessel, “MKD VYON,” has reportedly been attacked near the Strait of Hormuz, according to MarineTraffic.
That makes at least two ships on fire in this critical shipping lane — escalating tensions and disrupting one of the world’s busiest oil corridors.

Maritime and energy markets will be watching this closely as the situation develops.
Added at 8:45am
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Oil and gas majors and traders suspend shipments via Hormuz
Tanker owners, oil majors and trading houses suspended oil, fuel and LNG shipments through the Strait of Hormuz after Tehran said it had closed navigation, raising fears of a major supply shock.
Added at 8:56am
- Current situation in the Strait of Hormuz
•A vessel near Oman has been attacked.
•250+ ships have anchored across the Gulf and near United Arab Emirates coasts.
•War-risk insurers are canceling coverage for ships in the strait.
•Maersk has suspended all transits through the route.
•Brent crude oil is up 10% OTC.
Insurance premiums in the strait are surging.
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