Reuters: Some ships refuse US-guided Hormuz transits after attacks
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Reuters reports, citing shipping sources, that some vessels are refusing to follow US Navy guidance through the Strait of Hormuz following recent attacks on commercial shipping. The refusals raise concerns about the effectiveness of US-led security arrangements in the critical waterway.
The Refusals
According to three shipping sources cited by Reuters, at least five vessels have declined US Navy offers of escorted transit through the Strait of Hormuz since June 28. The ships' operators cited concerns that following US guidance could make them more visible targets for attack. The strait handles about 20% of global oil consumption.
Security Context
The refusals follow a series of drone and missile strikes on commercial vessels near the strait, including an attack on the tanker 'M/T Pacific' on June 25 that caused minor damage. The US Navy has been providing escort and advisory services to ships transiting the waterway since May. Iran has denied involvement in the attacks.
Market Impact
Brent crude futures rose 1.2% on Monday to $82.40 a barrel amid the uncertainty. Shipping insurance premiums for Hormuz transits have tripled since May, according to industry data. Some analysts warn that sustained disruption could push oil prices above $90.
What's Next
The US Navy is expected to review its transit guidance procedures in the coming days. It remains unclear whether the refusals will spread to other shipping companies or prompt a broader reassessment of maritime security in the region.
1 source
Reuters: Some ships refuse US-guided Hormuz transits after attacks
