Strait of Hormuz blockade: Oil tankers stranded as Iran-US tensions escalate

Business

Amid escalating tensions between Iran and the US-Israeli coalition, the Strait of Hormuz, a crucial shipping lane for global oil supplies, has become a battleground. Iranian attacks on Gulf Arab states and threats to block the strait have left dozens of oil tankers stranded, unable to pass through safely. While a few China-aligned vessels have reportedly been allowed through, the majority of tankers remain idling, awaiting diplomatic resolution or potential military escorts. More here: https://