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Maritime Security
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Iran says it has a Hormuz deal with Oman. Shipowners aren't celebrating yetIran says it has struck an agreement with Oman over shipping through the Strait of Hormuz, the channel that carries roughly a fifth of the world's seaborne oil. Tehran is also reportedly pushing to…A Qatari LNG tanker struck near Hormuz. Oil is up 1.5 percent. The real number to watch is the insurance premium.Every time a ship takes a hit near the Strait of Hormuz, the market reprices two things simultaneously: the barrel and the route. Yesterday's strike on a Qatari gas tanker pushed oil up roughly 1.5…Hong Kong emerges as hub for Russia shadow fleetHong Kong has become essential to Russia's sanctions evasion efforts, hosting 31 ships owned by subsidiaries of sanctioned Russian entities including Sovcomflot and Novatek. The Committee for Freed…Trump's Hormuz escort starts Monday, Iran calls it humanitarianSix weeks of shipping gridlock ends Monday as Trump begins guiding neutral vessels through the Strait of Hormuz, bypassing Iranian-controlled routes. The USS Frank E. Peterson Jr. Already cleared I…US Navy secretary fired amid Iran blockade tensionsThe sudden dismissal of the US Navy secretary during the Iran blockade crisis signals deep disagreements within the Pentagon over military response options. The timing suggests internal conflict ov…Iran charges $2m for Hormuz 'safe passage'Iran established a de facto shipping corridor through territorial waters near Larak Island, with one tanker operator reportedly paying $2 million for IRGC transit approval. Nine ships have used the…