Oil tankers face 'worst case scenario' in Hormuz as Iran steps up attacks on ships
One seafarer was killed and three others injured in an attack on the crude oil tanker Al Bahyah off Oman's coast on Tuesday. A maritime risk firm's CEO said tankers transiting the Strait of Hormuz now face a "worst case scenario" as Iran escalates attacks on shipping.
The crude oil tanker Al Bahyah came under attack off the coast of Oman on Tuesday, killing one seafarer and injuring three others. The incident came as Iran has stepped up attacks on maritime traffic in the region.
The chief executive of a maritime risk advisory firm said tankers transiting the Strait of Hormuz now face a "worst case scenario" as Iran's attacks on shipping escalate. The strait remains a critical corridor through which a significant share of the world's oil trade passes.
Insurers are weighing higher risk premiums for the region, which could raise shipping costs and feed through to global oil prices. Shipping companies are discussing rerouting vessels or adopting additional security measures.
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