Iran seizes the Chinese tanker Ocean Koi in the Strait of Hormuz while 1.6 million barrels per day flow amid the war with the USA.

The Iranian Revolutionary Guard seized the Chinese-flagged tanker ‘Ocean Koi’ in the Strait of Hormuz, marking the first such incident since the start of the US-Iran war. This poses a threat to the daily supply of 1.6 million barrels of Iranian oil to China, potentially causing a surge in global oil prices. The US Navy has intensified patrols in the Persian Gulf in response.