Strait of Hormuz transit not yet possible, major shipping company says
🔴 Tension RisingAOL.com2026-05-05
A major shipping company announced that transits through the Strait of Hormuz are not possible, as the U.S. begins escorting vessels through the waterway, causing disruption in global energy markets. Concerns are rising about maritime operations due to the Iran-U.S. conflict, with ships facing attack risks. The insurance market is expected to react mixedly due to the uncertainty of the situation.