Financial Ports

US sinks two Iranian tankers in Hormuz escalation—what it means for oil

CLAVE 1 / 4The US struck two Iranian state tankers on September 1 under a new 'tanker-for-tanker' policy.

CLAVE 2 / 4The 320,780 dwt VLCC Senegal Prosperity was hit by three projectiles on August 31, leaving it dead in the water off Oman.

CLAVE 3 / 4Saudi Arabia’s Bahri has reflagged 11 VLCCs to Liberia to shield them from Houthi and Iranian targeting.

CLAVE 4 / 4The Baltic Exchange warns 70% of panellists reject alternative pricing methods for disrupted Gulf routes.

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