Middle East Oil Tankers Go Dark: Rising Strains on Global Trade

Crude oil tankers are increasingly navigating Middle Eastern waters in stealth “dark mode” with transponders switched off, extending their cloaked journeys from hours to over a week as regional maritime security threats deteriorate, according to ship-tracking data monitored by Bloomberg. The tactic, once limited to brief transits through the Strait of Hormuz, has now spread … Read more

Iran’s Strait of Hormuz Toll Demand is a $20B Pipe Dream

Iran’s hardline demand for a Strait of Hormuz fee system would generate close to $20 billion a year, but such astronomical tolls will not be accepted by the United States or Iran’s Gulf neighbors, according to geopolitical and energy analysts. This ongoing stalemate threatens to drag on indefinitely until Tehran eventually accepts a lesser financial … Read more