A surge in attacks on commercial shipping in the Strait of Hormuz has pushed the region to its most dangerous point since hostilities broke out in late February, with the International Maritime Organization (IMO) recording 11 tankers struck during the week ending October 4. Maritime security firm Marisks reported that a projectile struck the UAE-owned tanker On Peace on Monday, injuring 12 Indian national sailors.
The Joint Maritime Information Center (JMIC), a coalition of US-led allied militaries headquartered in Bahrain, warned commercial ships on Thursday that Iran continues to assert its presence along key transit lanes and maintain pressure on vessels. A senior Iranian Revolutionary Guard official was quoted by the Fars News Agency on Wednesday saying Iran will block all “illicit routes” through Hormuz.
Crude exports through the strait have fallen sharply. Data from Kpler, published Friday, shows volumes stood at 8.5 million barrels per day (bpd) for the week ending Wednesday — about 40% below prewar levels. Middle East-wide shipments reached 15.3 million bpd, 10% below normal. Iran itself has not loaded any crude for export since late August due to the US naval blockade, according to Kpler.
Despite the attacks, US Central Command reported on Wednesday that 20 million barrels of crude had transited the strait, rejecting Iranian claims that the waterway is closed. US military escorts along a route near Oman’s coast have helped exports rebound to prewar levels in September, but “volumes are getting through at a time of extremely high maritime risk,” said Michelle Wiese Bockmann, senior maritime intelligence analyst at Windward.
Shipping industry leaders warn the situation is unsustainable. “This is not a sustainable new normal,” said Richard Meade, editor in chief of Lloyd’s List, during a Thursday briefing.
The Revolutionary Guard has signaled it will extend its campaign deeper into the Persian Gulf, vowing to pursue ships throughout the region that violate Iran’s transit rules, according to state media outlet Tasnim. At least nine sailors have died in ship attacks since July, the IMO reported.