Business · 3 August 2026
Oil tanker risk called worst since Iran war began
Analysts said the threat facing oil tankers in the Middle East is now the worst since the Iran war began earlier this year. Fresh attacks on alternative shipping routes have complicated efforts by operators to reroute vessels away from the increasingly dangerous Strait of Hormuz. The prolonged conflict continues to pressure global oil supply chains, freight costs and shipping insurance premiums for tanker operators.
Reported by BBC · How we write briefs