June 07, 2026
The vessels are using a transit route ordered by Iran
The volumes are a fraction of the UAE's typical exports before the US-Israeli war on Iran
US says it has directed 29 vessels to turn around or return to port as part of US blockade of Iran
He urges Iran not to charge tanker fees amid historic disruption
Volume of oil shipments through the channel remains unclear
The heightened measures follow the international and regional security issues amid the Middle East crisis
About 40 percent of India’s crude imports pass through the Strait of Hormuz
Global energy markets are facing turmoil as the conflict spreads across the Middle East