• 3 minutes Biden Seeks $2 Trillion Clean Energy And Infrastructure Spending Boost
  • 5 minutes While U.S. Pipelines Are Under Siege, China Streamlines Its Oil and Gas Network
  • 8 minutes Gazprom fails to exempt Nord Stream-2 from EU market rules
  • 8 hours Trumpist lies about coronavirus too bad for Facebook - BANNED!
  • 19 hours The Truth about Chinese and Indian Engineering
  • 9 hours The World is Facing a Solar Panel Waste Problem
  • 3 hours Why Oil could hit $100
  • 2 days The Core Issue Of US Chaos..Finally disclosed
  • 2 hours Pompeo upsets China; oil & gas prices to fall
  • 2 hours China's impending economic meltdown
  • 1 day Rational analysis of CV19 from Harvard Medical School
  • 2 days Open letter from Politico about US-russian relations
  • 22 hours Renewables Overtake Coal, But Lag Far Behind Oil And Natural Gas
  • 1 day Brent above $45. Holding breath for $50??
  • 21 hours Trump Suggests Delaying Election Amid Fraud Claims
  • 22 hours Sell Natural Gas Benefits to Grow the Market!
  • 2 days Russia Trying To Steal COVID-19 Vaccine Data, Say UK, U.S. and Canada
Biden Can’t Save U.S. Coal, But He Can Help The Miners

Biden Can’t Save U.S. Coal, But He Can Help The Miners

Natural gas continues to outpace…

Will Low Prices Save Long-Term Oil Demand?

Will Low Prices Save Long-Term Oil Demand?

Will low gasoline prices will…

Pirates Board Crude Tanker Near World’s Most Critical Oil Passage

Unidentified armed men have boarded a Hong Kong-flagged oil tanker off the coast of Iran near the strategic Strait of Hormuz, a British monitoring organization and a private intelligence firm reported.

The United Kingdom Maritime Trade Organization said the vessel was boarded on April 14 while anchored just off the Iranian coast in the Sea of Oman, but added that the ship was later released.

The organization urged vessels in the area to "stay vigilant."

Dryad Global, a private maritime intelligence firm, said it was unclear whether the vessel had been in distress or was being assisted by Iran.

The company identified the tanker as the Hong Kong-flagged SC Taipei on its way to Al-Jubail in Saudi Arabia. It said the 22 crew members aboard were all Chinese.

The U.S. Navy’s Fifth Fleet based in Bahrain has not immediately commented on the reported incident, which comes amid heightened tensions between the United States and Iran in the region.

Iran's Islamic Revolutionary Guards Corps (IRGC) has harassed or seized a number of vessels over the last year in a move viewed by analysts as a way to exert pressure on the United States and its allies over crushing U.S. economic sanctions.

Iran is also suspected of planting limpet mines on six ships in the Gulf of Oman in May and June of 2019.

Dryad Global said "it cannot nor should not be ruled out" that Iran attempted an operation on April 14 against the Hong Kong-flagged ship "in haste," and aborted the mission out of political concerns.

"While Beijing is not responsible for Hong Kong vessels, there is a realistic possibility that China would view the detention of a Hong Kong vessel as a proxy assault on its own sovereignty," the company said. "At a time when China still buys Iranian oil, and Iran has few international friends, such a move would be highly irregular, and would not further Iran’s interests."

By RFE/RL 

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News