Oil and gas tankers are increasingly avoiding the Strait of Hormuz following US and Israeli strikes on Iran, with several vessels turning back or delaying entry into the critical waterway.
According to Bloomberg, shipowners have adopted a cautious approach amid rising tensions and reports of a radio broadcast allegedly from the Iranian navy banning transit through the strait.
The development marks the first clear sign of disruption to global commodity flows after the attacks, raising concerns about energy supply and market stability.
