Anonymousabout 2 hours ago
On April 3, 2026, the CMA CGM Kribi became the first Western European-linked vessel to transit the Strait of Hormuz since coordinated U.S.-Israeli strikes on Iran triggered a near-total shutdown of the waterway on February 28. The transit — coordinated with Iranian authorities — tests whether commercial shipping can resume through a chokepoint that carried over 20 million barrels of oil per day before the crisis, even as war-risk insurance premiums have surged forty-fold and crude oil prices have climbed past $104 per barrel.