Hormuz

Tagged stories

Unmanned surface vessels operating with the US Fifth Fleet in the Arabian Gulf.
World

The Mines Are Cleared. The Mines Were Never the Constraint.

US Central Command says it has cleared Iranian sea mines from the transit routes through the Strait of Hormuz. Two monitoring bodies still warn of drifting and uncharted mines outside the swept lanes, and analysts say the greater danger was always the missiles and drones on the shore. Clearing a channel is not the same as opening a strait.

A US Navy guided-missile destroyer under way in the Strait of Hormuz.
The Long View

The Navy Can Escort the Ship. It Cannot Underwrite It.

Warships have been escorting tankers through the Strait of Hormuz for months. War-risk premiums went from one to three percent of hull value before the war to between seven and a half and ten percent, and the escort did not bring them down. Security and risk are priced by different institutions, and they do not net.