Suspected mines in the Strait of Hormuz increase the risk to maritime transport.

The Strait of Hormuz is again under severe pressure after suspicions emerged that Iran may have begun laying mines in that sea route, albeit on a limited basis.

The information, cited by CNN, comes at a time of high regional tension and reinforces fears of a further worsening of security conditions in one of the most strategic passages of world trade. At the same time, Donald Trump stated that there are, for now, no confirmed reports about the laying of mines in the strait. Even so, he left a harsh warning, arguing that, if this situation is confirmed, these mines will have to be removed immediately, otherwise large-scale military consequences could ensue.

For maritime transport, the effect of a threat of this nature can be immediate, even without official confirmation. The simple possibility of the existence of mines is enough to increase operational risk, put pressure on war insurance premiums and lead shipowners, ships and insurers to reassess stopovers, crossings and coverage conditions in an area already marked by strong instability. More than a sensitive point on the map, the Strait of Hormuz is a vital artery for global energy trade.

Around a fifth of the oil transported by sea passes through this route, which means that any threat to its security can have a direct impact on commercial shipping, logistical costs and the balance of international markets.

This post was generated from information in the original feed. Credits and reference to the source were included at the end of the text.

Source: