The move affects traffic through a chokepoint that carries about a fifth of global oil supply, with one ship reportedly suffering an unspecified incident.
Iran redirected multiple vessels in the Strait of Hormuz after citing illegal passage with tracking systems switched off. One ship reportedly suffered an unspecified incident. The development touches one of the world’s most sensitive energy corridors, with roughly a fifth of global oil supply moving through the narrow waterway, raising the risk of disruption for tanker traffic and oil markets.