Tankers improvise to avoid Gulf tensions
Tankers are crossing sea-lanes and hugging the coasts to avoid high-risk areas in the Strait of Hormuz
About 20pc of the world's oil passes through the Strait of Hormuz, 21 miles wide at its narrowest point, and tanker owners are trying ingenious—or reckless, depending on your point of view—ways of navigating through it. Intertanko, representing the world's independent tanker operators, has issued rigorous advisory guidelines to cope with possible attacks. Operators are advised to post additional lookouts with night-vision binoculars, backed by searchlights, to watch for attackers after a string of mine and missile strikes in recent months. The guide, issued in July, advises tankers in the Strait of Hormuz to consider transiting at full speed, advice given this week by Norway to its flag-carr

Also in this section
17 June 2025
Israel’s attack on Iran caught oil firms with low inventories due to their efforts to protect themselves from falling prices, creating a perfect storm
17 June 2025
Sound development planning is essential in this diverse and rapidly evolving region
16 June 2025
The launch of the much-needed yet oft-delayed Africa Energy Bank remains shrouded in questions and funding constraints, but its potential is clear
16 June 2025
BP and partners have reached a $2.9b FID on a new phase at Shah Deniz, but slow progress on other gas projects is attributed to a lack of European support