Financial Ports

Iran Targets Sinokor: Legal Threat to 7 Tankers in Hormuz From November

CLAVE 1 / 4Iran’s Persian Gulf Strait Authority has threatened legal action against seven Sinokor vessels from 1 November.

CLAVE 2 / 4Sinokor recorded the highest number of crossing violations in the Strait of Hormuz over the past three months.

CLAVE 3 / 4The vessels in question were sub-chartered to an overseas oil company and carried no South Korean crew.

CLAVE 4 / 4Iran’s move follows US and Israeli airstrikes on 28 February and aims to disrupt oil flows from Arab Gulf producers.

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