https://www.cnn.com/2019/07/20/asia/hong-kong-explosives-haul-intl-hnk/index.html
2019-07-20 12:50:00Z
52780335250017
The British-flagged tanker, the Stena Impero, has become a pawn in the widening crisis between the Islamic Republic and Western powers in the Persian Gulf, as Iran fights to free itself from the crippling effects of continued American economic sanctions.
"This is classic Iranian escalatory behavior designed to show it can also push back," Sanam Vakil, senior research fellow at Chatham House in London, told CNN on Saturday.
But there could be serious consequences for Iran's aggression toward the UK, as it seeks to renew nuclear talks.
Iran's actions in the Strait came just hours after authorities in Gibraltar agreed to extend the detention of an Iranian oil tanker in its custody for 30 days. That ship, the Grace 1, was seized by British authorities on July 4, accused of attempting to transport oil to Syria in violation of European Union sanctions.
"The dangerous strategy for Iran is that this could push the UK closer to the United States and result in greater coordination between the two allies," Vakil said.
The UK -- one of three EU countries party to the Iran nuclear deal -- has worked to maintain the landmark agreement even after its ally, the US, dropped out. But Iran's escalation in the Strait makes that balancing act between saving the deal and appeasing Washington increasingly difficult.
Foreign Secretary Jeremy Hunt said on Twitter Saturday that the incident showed "worrying signs Iran may be choosing a dangerous path of illegal and destabilising behavior," adding that the UK's response would be "considered, but robust."
There is no place in the world more important for the global supply of oil than the Strait of Hormuz.
The channel, which is only 21 miles (33.7 kilometers) wide at its narrowest point, is the only way to move oil from the Persian Gulf to the world's oceans. And that's why the seizure of a British-flagged ship in the strait Friday is such a concern.
If the Strait were to be closed, it would be a massive blow to the world's economy.
The Strait of Hormuz, which links the Gulf of Oman and the Persian Gulf, "is the world's most important choke point," said the US Energy Information Administration.
The Strait is even narrower than its 21-mile width suggests. The shipping channels that can handle massive supertankers are only two miles wide heading in and out of the Gulf, forcing ships to pass through Iranian and Omani territorial waters.
And the amount of oil that passes through the channel is staggering, with roughly 80% of the crude it handles destined for markets in Asia. The world's global economy could not function without that supply of oil lubricating it.
About 22.5 million barrels of oil a day passed through the Strait of Hormuz on average since the start of 2018, according to Vortexa, an energy analytics firm. That's roughly 24% of daily global oil production, and nearly 30% of oil moving over the world's oceans.
There is no place in the world more important for the global supply of oil than the Strait of Hormuz.
The channel, which is only 21 miles (33.7 kilometers) wide at its narrowest point, is the only way to move oil from the Persian Gulf to the world's oceans. And that's why the seizure of a British-flagged ship in the strait Friday is such a concern.
If the Strait were to be closed, it would be a massive blow to the world's economy.
The Strait of Hormuz, which links the Gulf of Oman and the Persian Gulf, "is the world's most important choke point," said the US Energy Information Administration.
The Strait is even narrower than its 21-mile width suggests. The shipping channels that can handle massive supertankers are only two miles wide heading in and out of the Gulf, forcing ships to pass through Iranian and Omani territorial waters.
And the amount of oil that passes through the channel is staggering, with roughly 80% of the crude it handles destined for markets in Asia. The world's global economy could not function without that supply of oil lubricating it.
About 22.5 million barrels of oil a day passed through the Strait of Hormuz on average since the start of 2018, according to Vortexa, an energy analytics firm. That's roughly 24% of daily global oil production, and nearly 30% of oil moving over the world's oceans.