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The Latest Breaking News from Lloyd List Intelligence

US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflict

The United States and Iran exchanged missile strikes, escalating regional conflict. Jordan and Kuwait reported intercepting Iranian missiles and a deadly strike respectively. Drone attacks caused fires on ships at an Egyptian port this week. The ongoing war has significantly impacted global fuel prices and the economy. Diplomatic efforts continue…

The Economic Times

Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario”

From shipping lane to battleground: Hormuz crisis forces industry rethink.

Fortune

The Latest: After weeks on hold, deal between Israel and Lebanon is progressing, says US official

The U.S.-brokered framework agreement between Israel and Lebanon is moving to technical discussions in Rome after weeks of stagnation

The Independent UK

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Bigger proportion of non-Iran ships crossing Hormuz strait: Data

The proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from maritime firm Lloyd's List Intelligence shared Thursday. Adding to the uncertainty, Iranian forces have fired at four ships attempting to cross the Strait of Hormuz without authorisation,…

The Economic Times

These numbers show the global impact of Iran's grip on the Strait of Hormuz

Iran’s grip on the Strait of Hormuz has jolted the world economy

The Independent UK

Iran starts to formalize its chokehold on the Strait of Hormuz with a 'toll booth' regime

Iran is cementing its hold over the Strait of Hormuz, demanding vessels give up detailed information and detour into Iranian waters before being vetted by Iran’s Islamic Revolutionary Guards Corps

The Independent UK

‘Huge build-up of risk’: London’s centuries-old shipping industry wrestles with Iran war

Insurers at Lloyd’s of London say cover is available at a price, while merchants view the danger level as too high

The Guardian - UK

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Iran oil exports continue as tankers cross the Strait of Hormuz despite conflict

Dozens of ships are still navigating the Strait of Hormuz as Iran keeps oil flowing, despite continued attacks aimed at one of the world’s most critical trade routes.

Euronews

About 90 ships have crossed the Strait of Hormuz since war began. Here’s how

Most shipping traffic through the Strait of Hormuz, which supplies roughly one-fifth of the world’s crude oil, has been halted since early March

The Independent UK

Why is the US threatening to blockade the Strait of Hormuz – and how could it work?

Millions of barrels of oil and gas are being held up after Iran took control of the strategic shipping route

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