Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

DUBAI, United Arab Emirates --- Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized, a stark advisory amid heightened tensions between Iran and the United States. A similar warning went out to shippers earlier this year ahead of Iran seizing two tankers traveling near the strait, the narrow mouth of the Persian Gulf through which 20% of the world's oil passes. While Iran and the US are now near an apparent deal that would see billions of Iranian assets held in South Korea unfrozen in exchange for the release of five Ira...

Keep on reading: Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

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