Iran threatens 45 tankers with fines in Hormuz
Iran has blacklisted 45 tankers for crossing its rules in the Strait of Hormuz, threatening fines, detentions, and cargo confiscations on Sunday. The vessels, which include crude carriers, LNG, and LPG tankers, may also face additional blacklisting if involved in ship-to-ship transfers with the named ships. The Iranian Persian Gulf Strait Authority, responsible for managing the strait, issued the warning.
Some of the named ships belong to the United Arab Emirates, Saudi Arabia, and ADNOC Logistics and Shipping. The list also includes vessels from Klaveness Ship Management, Stolt Tankers, and South Korea's Sinokor. The Gulf supplied roughly 20% of the world's daily crude oil and liquefied natural gas before the conflict disrupted tanker traffic.
U.S.-led efforts to transport tankers through the Strait are helping restore export volumes, with a 7-day average of 8 million barrels a day crossing.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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