Iran Blacklists 45 Tankers as Hormuz Standoff Escalates
Equinor and Aker BP Make New North Sea Gas Discovery Iran has blacklisted 45 oil, LNG, LPG and product tankers using the Strait of Hormuz, threatening fines, detention and cargo confiscation as Tehran retaliates against Washington’s looming “economic D-Day.” The list includes vessels owned by shipping companies tied to two of the Gulf’s biggest oil producers, including Saudi Arabia’s Bahri and ADNOC Logistics & Services and its Navig8 Tankers subsidiary, according toReuters.
Iran’s newly created Persian Gulf Strait Authority said the 45 vessels had violated its rules governing passage through Hormuz.
Tehran has previously demanded that ships obtain Iranian clearance before transiting the strait and has sought payments for security and other services.
Iran is now threatening to extend the blacklist beyond those vessels, including targeting ships conducting ship-to-ship transfers with any of the 45 named tankers.
Just four commodity vesselscrossed the straiton Sunday after 13 on Saturday, according to Kpler datareported by Reuters.
UK Maritime Trade Operations estimates AIS-detected traffic remains roughly 90% below pre-war levels.
Before the Iran war, roughly 20% of global oil and LNG supply moved through Hormuz.
Energy Secretary Chris Wright said Friday that the seven-day average of oil leaving Hormuz had climbed above 8 million barrels per day.
Iran’s move follows its threat Sunday to prevent any oil from leaving the Persian Gulf if Washington proceeds with a new economic offensive against Tehran.
Treasury Secretary Scott Bessent is due to unveil the new measures later on Monday.
Washington’s threatened “economic D-Day” may also have fewer Iranian barrels left to target.Bloombergreported Monday that Iranian crude shipments to Asia have already all but dried up, even before the new U.S.
Bessent has yet to say where the next round of economic pressure will fall.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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