Iranian strait authority says Sinokor vessels will face legal action

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Iranian strait authority says Sinokor vessels will face legal action

AI Summary

Iran’s Persian Gulf Strait Authority said vessels belonging to South Korean shipping company Sinokor will face legal action from November 1. The threat comes as Tehran tightens control over Strait of Hormuz transit, disrupting oil flows from Gulf producers to Asian customers amid conflict with the United States and Israel.

DUBAI, Oct 27 (Reuters) - Iran's Persian Gulf Strait Authority, a body set up by Tehran to manage passage requests in the Strait of Hormuz, said on Tuesday all vessels belonging to South Korean shipping company Sinokor would face "legal action" starting on November 1. Tehran has sought to tighten its grip on the strategic waterway by attacking shipping there since ​US and Israeli ⁠airstrikes on Iran on February 28. It has restricted transit to try to gain leverage over Washington, while disrupting oil flows from Arab Gulf oil producers, especially to their customers in Asia.

World Security Conflict Politics Commodities Energy Shipping Iran Strait of Hormuz Sinokor shipping oil flows maritime security sanctions threat

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