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Centcom says US forces destroy 16 Iranian mines near Strait of Hormuz. World News

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The United States Central Command (CENTCOM) announced on Wednesday (March 11) that it has destroyed several Iranian naval vessels, including 16 minelayers, near the Strait of Hormuz.

 

CENTCOM released a video on its official

In a separate post, US Central Command said US forces were “degrading the Iranian regime’s ability to project power at sea and harass international shipping.”

It condemned Tehran for endangering “freedom of navigation in waters essential to American, regional and global security and prosperity.”

The announcement comes after US President Donald Trump said US forces have attacked and destroyed 10 decommissioned mine-laying boats in the Strait of Hormuz.

He threatened to increase attacks on Iran and warned Tehran not to plant any mines in the Strait of Hormuz.

In a post on Truth Social, the US President said, “If Iran has placed any mines in the Strait of Hormuz, and we have had no reports of it doing so, we want them removed immediately! If the mines were placed for any reason, and they are not immediately removed, the military consequences for Iran would be at a level never seen before.

Conversely, their removal would represent a significant advancement! Additionally, we are using the same technology and missile capabilities deployed against drug smugglers to permanently destroy any boat or ship that attempts mining in the Strait of Hormuz. We will handle them swiftly and ruthlessly. Be careful.”

The Express Global Desk at The Indian Express provides authoritative, verified and context-driven coverage of key international developments shaping global politics, policy and migration trends.

The desk focuses on stories of direct relevance to Indian and global audiences, combining breaking news with in-depth explainers and analysis. A major focus area of ​​the desk is U.S. immigration and visa policy, including developments related to student visas, work permits, permanent residence pathways, executive actions, and court decisions.

The Global Desk also closely monitors Canada’s immigration, visa and study policies, including changes to study permits, post-study work options, the permanent residence programme, and regulatory updates affecting immigrants and international students. All reporting by Global Desk follows

The Indian Express’ editorial standards rely on official data, government notifications, court documents and on-record sources.

The Desk prioritises clarity, accuracy and accountability, ensuring readers can navigate complex global systems with confidence. Core Team The Express Global Desk is led by a team of experienced journalists and editors with deep expertise in international affairs and migration policy: Anirudh Dhar –

Senior assistant editor with extensive experience in global affairs, international politics and editorial leadership. Nishchay Vatsa – Deputy copy editor specialising in US politics,

Nishchay Vatsa, the Deputy Copy Editor, focuses on US politics, US visa and immigration policy, and policy-driven international coverage. Mashkoora Khan – Sub-editor with an emphasis on Canada visa, immigration and study-related policy coverage, focusing on global development. 



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A Senegalese boarding school that attracted students from the US is at the center of an abuse investigation

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Dakar, Senegal — at American Dara Academy, Senegal, it marketed itself as an affordable boarding school for families in the United States where their children could study the Quran alongside the American curriculum. Parents and families – many of whom are of West African descent – ​​sent their children to the school, believing it would provide a rigorous and affordable religious education.

But according to an official close to the case,

the school is being investigated for alleged physical abuse.

Hundreds of students have withdrawn from the academy and one of the two campuses – where most of the alleged abuse took place – is now closed.

In accounts shared with The Associated Press, students alleged that supervisors repeatedly beat disobedient students in the so-called “magic room”. Schoolchildren said they were sometimes ordered to remove their underwear or remain naked and were asked to sit with their arms outstretched while holding heavy rocks. If rocks fell, the damage increased further.

Senegalese officials confirmed to the AP that an investigation is ongoing. The country’s gendarmerie, its child protection services and the Justice Ministry are involved in the investigation, according to an official close to the case.

In late January, the school’s director and three administrators were arrested, according to parents and a person with direct knowledge of the arrests and investigation. He said the director was released and placed under house arrest.

Senegal’s child protective services, known by its French acronym AEMO, did not respond to a request for comment. A spokesman for the Gendarmerie, Ibrahima Ndiaye, confirmed that the force had been informed about the abuses but said the investigation was now with the Justice Ministry.

The arrested school director and administrators told the AP they could not talk about the case due to the ongoing investigation. Exact charges have not been announced.

Justice Ministry spokeswoman Aminata Diagne said of the ongoing investigation into the abuse, “The children are in the care of the authorities, and charges will be filed against whoever is found responsible.”

The American Daraa Academy enrols 311 students across two campuses in Senegal – including 120 US citizens. Most of the students were children of West African descent born in the United States, with some from European countries such as France, the United Kingdom, and Belgium. Only a few were from West Africa.

According to a January 12 written complaint sent to Senegalese authorities by the US Embassy in Dakar, several American students reported severe corporal punishment. According to the letter, the minors accused the school’s director, who is a dual American-Guinean citizen, and three other administrators of being responsible for the abuse.

The AP spoke to dozens of parents and officials involved in the case to verify the authenticity of the complaint letter and its claims about abuse. The parents and officials who agreed to be interviewed did so without worrying about their children’s safety because they were not allowed to speak on the issue.

In their accounts, the students reported that administrators beat them with sticks on their legs, backs and private parts, forcing them to maintain a tense posture.

Some students said that steel rods were sometimes used on areas that did not leave visible marks. He said that many times the blows also fell on his head.

It is unclear whether any injuries required hospitalisation, but some students have reported getting marks on multiple parts of their bodies.

According to the embassy complaint letter and a person familiar with the matter, the students were warned by their abusers not to speak to U.S. embassy officials or police; otherwise, their parents in the United States could be arrested and deported by immigration authorities.

The ministry and other related agencies have released few details about the case or possible charges.

Some parents told the AP they chose the American Dara Academy for its combination of religious education and an American curriculum at a relatively low cost of about $300 a month, including tuition, housing and meals.

The school ran two campuses, one in the capital, Dakar, and the other in Toubab Diallah, a coastal village 55 kilometres (34 mi) from the capital.

Before its closure, the high school campus in Taubab Diylaw – where most of the alleged abuse took place – consisted largely of a construction site with trailers, no running water, frequent power outages and makeshift zinc toilets. However, an official with direct knowledge of the investigation reported that the facility was teaching students.

After the embassy contacted the families, about two-thirds of the students—about 250 children, including about 100 Americans—withdrew from the school and returned to their home countries, according to parents and a person familiar with the investigation. The Dakar campus, in better condition, received the remaining students.

Dozens of parents spoke to the AP, many of whom reported receiving contact from the US Embassy regarding the alleged abuse. None said their children told them about the abuse.

One parent, who spoke on condition of anonymity to protect their child’s privacy, said they have taken their children back and are waiting to be brought back to the US. He claimed that his children were not among those who reported experiencing abuse.

“When I went to school for the first time, I stayed with them for a week,” the parent said. “I really thought I was leaving them in a safe place.”

In Senegal, corporal punishment in homes is legal under the country’s family law, which gives the “right to correction” to those with parental authority, although criminal laws punish violence that causes serious injuries.

While corporal punishment is prohibited in schools for children under 14, the law does not explicitly extend to children outside that age range, private schools, or religious schools, where the “right to reform” may still potentially apply.

The United Nations and the Children’s Rights Organization report that corporal punishment continues in practice.

It is unclear whether prosecutors will file charges or if further action is being considered.

Right now, the investigation is ongoing, and the children who once filled its dorms have dispersed—some back home, others still in school and waiting for answers.

The school building in Dakar is under tight security and police are guarding the place.

——-

Associated Press writer Babacar Dion in Dakar, Senegal, contributed to this report.

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Iran War: Is Trump Trying to End It Because He’s Over a Barrel? | American news

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Words are cheap, but the price of oil is extremely honest.

Donald Trump’s claim That the war could end “soon” will make headlines.

Iran war: follow live updates

But traders do not trade on soundbites. They trade at risk.

This explains the sudden urgency of the Commander-in-Chief.

Ten days ago he had warned that the war could last four to six weeks.

He’s claiming it could end “very soon.”

“Not this week,” he told an audience in Florida, but the objectives are “very well accomplished.”

Trump: Iran war will end ‘very soon’

He enumerated his battlefield successes, asserting that he had hit 5,000 targets.

The President said he would “regard” the outcome of the report on a school strike.

But he tried to shift the blame elsewhere for the attack, which claimed dozens of lives.

Trump said many countries, including Iran, use Tomahawks, a “common” weapon.

The UK, Australia, the Netherlands and Japan are the only other countries with Tomahawks.

Unless he is suggesting that one of them attacked, he has effectively implicated the US.

Read more: Evidence challenges Trump’s claim

Iran school strike: what we know

Trump’s ‘epic’ problem

Still, he appears ready to declare victory and get off-ramp.

But his new optimism lands where politics and markets collide.

U.S. crude rose to $119 a barrel, then fell a record 4% at the close.

This is a problem for Trump that Iran has already acknowledged by mocking the military codename: “Operation Epic Fury.”.

“Operation Epic Mistake,” the country’s foreign minister posted along with a graphic of the oil prices.

What effect will the Iran war have on the economy?

Read more from Sky News:
Inside Frontline Ghost Town
Erdogan’s clear message on Iran war

Iran’s Islamic Revolutionary Guard says it will “determine the end of the war”.

In a statement, it said Tehran would not allow the export of “one litre of oil” from the region if US and Israeli attacks continued.

Trump posted on Truth Social: “If Iran does anything that stops the flow of oil through the Strait of Hormuz, the United States will hit them twenty times more heavily than they have already.”

If a businessman is sitting in London, Houston, or Singapore, the question is not what Trump says but what happens on the ground.

In times of conflict, the price of a barrel speaks louder and more truthfully than a president’s promise of peace.

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Airfare hike due to rise in oil prices amid US-Israel war over Iran

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Global airlines are starting to pass the burden of rising fuel costs on to passengers amid rising oil prices. The America-Israel war is going on in Iran.

New Zealand’s national carrier, Air New Zealand, said on Tuesday it had raised ticket prices across its network and warned that further fare adjustments could be made if fuel prices remain high, news agency Reuters reported.

According to the airline, the escalating conflict in the Middle East has sharply raised jet fuel prices, significantly increasing operating costs and creating uncertainty for the global aviation industry.

Air New Zealand has confirmed it has implemented fare increases on several routes to compensate for the rise in jet fuel prices. According to the news agency, the airline said one-way economy fares had increased by NZ$10 (USD 5.92) on domestic routes, NZ$20 on short-haul international flights and NZ$90 on long-haul services. Reuters informed.

Jet fuel prices, which were around $85 to $90 a barrel before the conflict, have risen dramatically recently to between $150 and $200 a barrel, the airline said.

The carrier also announced it was suspending its financial outlook for 2026, citing uncertainty arising from the conflict and volatile fuel markets, the report said. “If jet fuel costs continue to rise due to the conflict, we may need to take further pricing actions and adjust our network and schedules as necessary,” the airline said in its statement to Reuters.

Air New Zealand said there are currently no disruptions to jet fuel supplies in New Zealand, but the airline is working closely with suppliers and government agencies to monitor the situation.

During this time, Hong Kong Airlines announced on its website that it will increase its fuel surcharge by 35.2% from Thursday, with the sharpest increases on flights between Hong Kong and the Maldives, Bangladesh and Nepal, where the charge will rise from HK$284 to HK$384 ($49).

Cathay Pacific also reviewed its fuel surcharges on a monthly basis, after keeping them stable last month – i.e., before the conflict began – at $72.90 each way on flights between Hong Kong and Europe, and North America.

In Southeast Asia, Vietnam Airlines officials have been asked to remove environmental taxes on jet fuel to help maintain operations. The Vietnamese government said the country has seen operating costs for airlines rise by 60% to 70% due to higher fuel prices, while suppliers are struggling to meet rising demand, which has led to increased financial pressure on airlines and contributed to a decline in their stock prices.

Airlines shares fall after oil price rise

Oil prices fell from a high of $119 on Monday to around $90 a barrel on Tuesday, allaying some investors’ concerns, according to Reuters. However, airline stocks in Asia showed signs of recovery after US President Donald Trump said on Monday that the conflict could end soon.

Airline stocks rose as a result. Shares of Air New Zealand rose nearly 2%, Korean Air Lines rose 8%, Australia’s Qantas Airways rose 1.5%, and Hong Kong-based Cathay Pacific rose more than 4%, recovering part of losses recorded earlier in the week.

Iran war-related oil price surge could slow international travel

The US-Israeli military campaign against Iran has roiled global oil markets, sending crude prices soaring and raising fears of a significant slowdown in international travel.

Rising fuel costs are a major concern for airlines, as fuel is typically the second largest expense after labour, accounting for 20%–25% of operating costs.

Conflict-related airspace disruptions are also complicating flight operations, forcing airlines to reroute aircraft and increasing travel time and fuel consumption.

The travel industry is bracing for prolonged disruption

The ongoing conflict is also beginning to impact travel demand and tourism in many areas.

Airlines are already navigating congested airspace as pilots reroute flights to avoid conflict areas, reducing capacity on key long-haul routes and sending ticket prices rising.

According to aviation analytics firm Cirium, Middle Eastern carriers—including Emirates, Qatar Airways, and Etihad—normally transport about a third of the passengers travelling from Europe to Asia and more than half the passengers flying from Europe to Australia, New Zealand, and the nearby Pacific islands. Any disruption to these networks could have a cascading effect on global travel.

Tour operators are also adjusting plans. South Korea’s Hanatour service said it had cancelled group tours involving flights to the Middle East and waived cancellation fees for affected customers. All Middle East-related tours have been suspended for March.

Economies dependent on tourism are also warning of financial losses. Thailand’s Tourism Ministry has estimated that if the conflict continues for more than eight weeks, the country could lose 595,974 visitors and approximately 40.9 billion baht ($1.29 billion) in tourism revenue.

As global travel patterns and fuel markets continue to struggle to reshape, airlines are bracing for further volatility. Industry analysts have warned that if oil prices remain high and airspace restrictions continue, travellers around the world could face higher ticket prices and fewer flight options in the coming months.

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On the billionaires list, Trump anticipates a significant rise in wealth.

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According to Forbes, the number of billionaires has reached a record-breaking 3,428, with Elon Musk retaining the title of the world’s richest person.

of the magazine’s latest ranking The boss of Tesla and SpaceX, who dominates the tech sector, came out on top with a net worth of $839bn (£623bn), followed in second place. Google co-founders Larry Page with $257 billion and Sergey Brin with $237 billion.

Donald Trump’s wealth increased by 27% to $6.5 billion due to crypto transactions, and after the fraud fine was dropped in New York, the US President became the 645th richest person in the world.

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Donald Trump is now estimated to be the 645th richest billionaire in the world. Photo: AP

Money Blog: How to grow your retirement pot

Forbes’ 40th annual World Billionaires list also saw some notable debuts, including rapper Dr. Dre ($1 billion), singer Beyoncé Knowles-Carter ($1 billion) and tennis star Roger Federer ($1.1 billion).

Beyoncé Knowles-Carter is among the newcomers to the annual list. Photo: Reuters
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Beyoncé Knowles-Carter is among the newcomers to the annual list. Photo: Reuters

The 390 newcomers also include Greg Abel, Warren Buffett’s successor as chief executive of Berkshire Hathaway ($1 billion); Mr Musk’s brother, Kimbal Musk ($1.4 billion); and former vice-presidential candidate and Mr Brin’s ex-wife, Nicole Shanahan ($1.4 billion).

Overall, those on the list are worth a record $20.1 trillion, an increase of $4 trillion from last year. As the wealth of the world’s richest people is increasing.

Investor Warren Buffett is ranked 9th in the list. File photo: Reuters
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Investor Warren Buffett is ranked 9th in the list. File photo: Reuters

Last year’s list included 3,028 billionaires.

The number of people with a net worth of more than $100 billion rose to 20, from 15 a year ago.

Forbes also estimates that crypto baron Changpeng Zhao, better known as CZ, is now richer than Microsoft founder Bill Gates with a net worth of $110 billion.

The six richest people on the billionaires list are all Americans, including Amazon founder Jeff Bezos ($224 billion), chief executive of Meta Mark Zuckerberg ($222 billion) and Oracle co-founder Larry Ellison ($190 billion), who also ranked high.

Meta Chief Executive Mark Zuckerberg's wealth is estimated at $222 billion. Photo: AP
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Mark Zuckerberg, the Chief Executive of Meta, has an estimated wealth of $222 billion. Photo: AP

French luxury goods titan Bernard Arnault and his family are in seventh place with an estimated net worth of $171 billion.

The top ten richest billionaires also include Nvidia founder Jensen Huang ($154 billion), investor Warren Buffett ($149 billion) and Spanish fashion mogul Amancio Ortega ($148 billion).

Only a handful of Britons placed lower in the rankings, including hedge fund manager Michael Platt. With an estimated net worth of $20 billion, he is ranked 120th in the list.

From November: How Elon Musk could spend $1 trillion

mr musk The dollar also saw its biggest gain, adding $497 billion to its wealth.

Meanwhile, Chinese electronics company Xiaomi founder Lei Jun suffered the biggest loss, with his wealth falling by $15.6 billion.

Read more from Sky News:
Iran War: Outlook for Your Finances
Energy prices fall amid peace hopes

The average net worth of the world’s richest billionaires also increased to an average of $5.8 billion from $5.3 billion last year.

The list also excluded 89 individuals this year, including real estate developer Charles Cohen and entrepreneur and NASA chief Jared Isaacman.

While the list has traditionally been dominated by men, this year 122 self-made women were included, with a net worth of $462 billion.

The world’s youngest billionaire is 20-year-old heiress Emily Voigt Trejes, a Brazilian whose grandfather founded industrial machinery firm WEG, who has an estimated net worth of $1.1 billion.

Surya Midha, co-founder of AI hiring start-up Mercor, is the youngest self-made billionaire at the age of 22.

The American is one of 12 self-made billionaires under the age of 30 on the list.

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What’s Crossing the “Closed” Strait of Hormuz: Dark Ships and Shadow Fleets?

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Iran’s move to close the Strait of Hormuz has brought navigation in the 24-mile stretch of water to a near halt.

Only a few ships have transited in recent days, many of them having turned off their tracking systems or joined “shadow fleets.”

“They can’t physically close a waterway of that size, but the threat exists,” said Richard Meade, editor-in-chief of maritime risk company Lloyd’s List Intelligence.

Mr Meade said Iran has a proven history of using everything from ballistic missiles, which are weapons that deliver explosive payloads over long distances, to unmanned aerial vehicles (UAVs) and maritime drones, which are aircraft and watercraft that operate without a human pilot on board.

Through what medium is it being made?

Sky News’ data and forensics team focused on 13 ships that transited the Strait of Hormuz between March 2 and 9.

We know the actual number of crossings is much higher, as some ships turn off their tracking systems, known as going “dark”.

More on Data and Forensics

image:
Tracking data shows that the bulk carrier disappears from tracking daily and reappears after transiting the Strait of Hormuz. The dashed line indicates the missing data. Source – Maritime Traffic

Data from maritime analysis firm IMF Portwatch shows that in normal times, about 30,000 ships transit the strait per year, or 82 per day.

The animation below shows how shipping traffic changed dramatically.

Visualization

We have identified many ships passing through the Strait of Hormuz that are associated with Iran.

China, or Russia. Ships from Greece, India, the United Arab Emirates and Singapore also arrive here.

According to Kepler’s maritime tracking data, five ships managed by Greek firm Dynacom have transited the strait since the war began.

US President Donald Trump has been urging shipowners to “show some courage” and keep sailing.

The ‘Fleet of Shadow’ has passed the most

According to Lloyd’s List Intelligence, shadow fleet tankers dominate the current crossing of the Strait of Hormuz.

They found that eight of the 13 large oil and gas carriers that transited between March 2 and 9 were classified as part of the so-called shadow fleet.

A tanker is classified as a shadow fleet if it carries sanctioned oil cargo from Iran, Russia or Venezuela.

Visualization

Has there been an attack?

The International Maritime Organization (IMO) reports that since Iran blocked the waterway, ten ships have faced attacks in or around the Strait of Hormuz.

Four ships were attacked on 1 March, killing three and injuring several more that day. Attacks on two ships occurred on 3 March, with at least one attack occurring every day until 7 March.

According to the United Kingdom Maritime Trade Operations (UKMTO), a total of 14 incidents from February 28 to March 10 have affected vessels operating in and around the Arabian Gulf, the Strait of Hormuz and the Gulf of Oman.

The interactive map below displays suspicious activity, attacks, and advisories.

Visualization

These ships fly the flags of many different countries, including the United States, the Marshall Islands, Gibraltar, the United Arab Emirates, the Bahamas, Panama and India.

On 4 March, a Malta-flagged container ship attempted to transit the strait and was hit by a projectile as it approached the midpoint.

Source- Maritime Transport
image:
Source- Maritime Transport

Tracking shows that Safin Prestige has been stopped. The attack resulted in a fire in the engine room, forcing the crew to abandon the ship.

Sky News has confirmed CCTV video of another attack on the same day. An unmanned drone boat attacked the American-managed ship, the Sonangol Namibe.

Visualization

The ship was 30 nautical miles southeast of the Kuwait coast. UKMTO reported oil spillage as the cause of the incident.

The IRGC warned that any American, Israeli or European ship found in the strait “will certainly be attacked.”.

US-registered tanker in Gulf damaged by Iranian maritime drone
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US-registered tanker in Gulf damaged by Iranian maritime drone

Increase in GPS Jamming

There has been a huge increase in GPS jamming in this area. Hundreds of ships hop around the map and then cluster into tiny areas.

Disrupted signals lead to GPS ship jamming, where ships transmit incorrect locations.

There is traffic jam at these ship locations. Ship tracking data shows them all almost on top of each other. Source - Maritime Traffic
image:
There is a traffic jam at these ship locations. Ship tracking data shows them all almost on top of each other. Source – Maritime Traffic

It is impossible to know who is behind the jamming, but analysts say it is likely both Iran and others.

While Iran is widely suspected of trying to disrupt shipping in the region, analysts say the increase in GPS jamming could also be linked to others, including ships trying to hide their activities or responding defensively to threats, making it difficult to attribute the interference to any one source.

How has cargo shipping changed?

The closure of the Strait of Hormuz also has global implications for commercial shipping routes. The two largest companies, Maersk and Mediterranean Shipping Company (MSC), account for about 30% of the global containerised shipping capacity in the world.

Both of these companies have suspended shipping to the Middle East.

Maersk said, “This decision has been taken as a precautionary measure to ensure the safety of our personnel and ships.”

Tracking data from MarineTraffic shows the container ship ‘Maersk Cincinnati’ is changing course away from the strait.

Visualization

On March 2, data showed the ship made a U-turn at approximately 2 a.m. UTC. It continued to retreat from the area until 4 March, eventually returning to the port of Salalah in Oman and heading for the Gulf of Kutch on 10 March, where it appeared “laden,” heavily loaded with ammunition.

Mr Meade said, “We are seeing a number of ships doing U-turns. They are probably getting orders to go and conduct alternative operations. While it may be acceptable for ships entering the Gulf, those already in the region find themselves essentially stranded.

Additional reporting by data journalist Jolie Santa-Cruz

The Data X Forensics team is a multi-skilled unit dedicated to providing transparent journalism from Sky News. We collect, analyse, and visualise data to tell data-driven stories. We combine traditional reporting skills with advanced analysis of satellite images, social media and other open-source information. Through multimedia storytelling, our goal is to better understand the world while also showing how our journalism is done.



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US sources say Iran has indicated it may deploy mines to disrupt the Strait of Hormuz

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Washington – Iran may be preparing to deploy naval mines in the Strait of Hormuz, US officials told CBS News, in an effort to further disrupt key shipping lanes.

US officials said Iran was using small vessels

that can carry two to three mines each to lay in the strait. Although Iran’s mine stock is not publicly known, it has been estimated over the years to be about 2,000 to 6,000 naval mines, largely produced by Iran, China, or Russia. The officials spoke to CBS News on condition of anonymity because they were not authorised to speak publicly to the press.

President Trump posted on Truth Social Tuesday afternoon, “If Iran has placed any mines in the Strait of Hormuz, and we have no reports of them doing so, we want them removed immediately!”

He also threatened, “If for any reason the mines were placed, and they are not immediately removed, the military consequences for Iran would be at a level never seen before,” adding, “If, on the other hand, they remove whatever was planted, that would be a huge step in the right direction!”

On Monday, Mr Trump did warn Iran regarding the consequences of stopping the flow of commercial ship traffic in the Strait. Truth posted on Social, “If Iran does anything that stops the flow of oil within the Strait of Hormuz, the United States will hit them twenty times more heavily than they have already.”

At a press conference at the Pentagon on Tuesday morning, Gen. Dan Kaine, chairman of the Joint Chiefs of Staff, said US Central Command, which oversees military operations against Iran, continues to hunt and attack “mine-laying vessels” and “mine storage facilities”.

At the mouth of the Persian Gulf, the Strait of Hormuz is one of the world’s most important energy chokepoints. Oil tankers carrying crude from countries including Saudi Arabia, Iraq and the United Arab Emirates must pass through the narrow waterway to reach global markets, making the strait essential for a steady flow of energy. 20% of the global oil supply passes through the strait.

Even small disruptions in the strait can have a profound impact on oil prices and the global economy, as evidenced by historical events where conflicts in the region led to significant fluctuations in oil prices and economic instability worldwide.

During the “Tanker War”, which was part of the larger Iran–Iraq War in the 1980s, Iran regularly placed naval mines on major shipping routes used by oil tankers. Last year, Reuters reported that Iranian forces loaded naval mines on ships in the Persian Gulf, increasing tensions between Washington and Tehran following Israel’s air campaign against Iran during the 12-day war.

As the war continues, major marine insurers have pulled back. According to CBS News, NorthStandard, the London P&I Club and the American Club have warned that they will suspend coverage for ships operating in Iranian waters and parts of the Gulf, citing the increased risk of ships getting caught in the conflict. reporting last week.

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