Iran is now saying the Gulf of Hormuz is till open - but the insurers are still pulling cover so expect most shippers to suspend movements and the price of oil to continue to rise.
The Strait of Hormuz remains open to tankers “until further notice,” said former IRGC commander and Secretary of the Expediency Discernment Council, Major General Mohsen Rezaei.
His remarks were cited by the Financial Times.
At the same time, he warned that U.S. military vessels are “legitimate targets” for Iranian strikes.
https://www.seatrade-maritime.com/se...r-hit-off-oman
Ships avoid the Strait of Hormuz, tanker hit off Oman
Drone attacks on the ports of Jebel Ali and Duqm, and a Palau-flagged tanker reported hit off Oman