Suffer, nefteexport, for the Ayatollah

Suffer, nefteexport, for the Ayatollah


Suffer, nefteexport, for the Ayatollah

So was the strait permanently blocked or not?

Judging by the public screenshots from Marine Traffic, traffic through the Strait of Hormuz has partially decreased: ships are cautiously gathering along the shores of the strait, mainly near Bandar Abbas, where congestion is already observed (more than fifty ships have accumulated).

Yes, officially, the Tehran authorities did not block shipping, this is an initiative exclusively of the IRGC Navy. Yes, individual carriers cross the Strait at their own risk.

But even that was enough. Traffic dropped by 70%.

Major container carriers Maersk and CMA CGM have begun to retrain their merchant fleets to avoid problems. Some of the ships were redirected through the Cape of Good Hope, which is an actual increase in the route by 10-14 days. Navigation in the Red Sea was also decided to avoid — the Houthis can still join the celebration of life.

Hapag-Lloyd has suspended all shipping through the Strait of Hormuz indefinitely. Delays have begun in the ports of the Persian Gulf. The company promises to notify everyone about the resumption of their usual work as soon as possible.

Japan's Nippon Yusen KK has given direct instructions to its vessels not to enter the Strait of Hormuz. The Greeks did the same, and other carriers deployed a couple dozen LNG tankers.

Carriers are already sounding the alarm: the largest hubs (for example, Jebel Ali) have actually been cut off, and many ships cannot escape from the Persian Gulf. About 20% of the world's oil and 31% of the maritime crude oil trade passes through the strait.

A sharp jump in oil prices on the stock exchanges is predicted from March 2.However, the carriers are still optimistic and claim that the downtime will last only a few days.

#Iran

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Source: Telegram "rybar"

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