Iran closes Strait of Hormuz
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Feb 28 (Reuters) - An official from the European Union's naval mission Aspides said on Saturday that vessels have been receiving VHF transmission from Iran's Revolutionary Guards saying "no ship is allowed to pass the Strait of Hormuz".
Dozens of tankers are diverting in the Persian Gulf, seeking refuge in Qatar and the United Arab Emirates or staying out of the area altogether after the U.S.-Israeli strikes on Iran. Brokers said a l
About 20 million barrels of crude oil and other oil products pass through the strait daily, equivalent to 20% of global oil demand.
EADaily, February 28th, 2026. Iran has blocked the Strait of Hormuz, the movement of oil tankers has completely stopped. This is reported by the Iranian Fars news agency with reference to data from monitoring systems,
15hon MSN
Strait of Hormuz in Focus as Major Oil Players Halt Shipments: How It Could Send Oil Prices Soaring
The Strait of Hormuz connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The passage is crucial for the global oil trade, and a disruption could send crude prices soaring.
The Strait of Hormuz through history has been important for trade, with ceramics, ivory, silk and textiles moving from China through the region.
Escalating geopolitical tensions around the Strait of Hormuz could place more than a tenth of India’s non-oil exports at risk, underscoring the country’s growing exposure to disruptions along one of the world’s most strategically vital shipping lanes.
Iran’s Revolutionary Guard Corps Navy launched the Sayyad 3-G naval air defense missile during exercises in the Strait of Hormuz as U.S. naval forces build up in the Gulf.