Oil tanker risk in Middle East called worst since Iran war began

Analysts say the risk facing oil tankers transiting the Middle East is now the worst since the war involving Iran began, as fresh attacks on alternative shipping routes complicate an already tense situation. Vessel operators have been forced to reassess routes that were previously considered safer alternatives.

Shipping industry figures say insurance costs for tankers operating in the region have climbed sharply as the risk assessment worsens. Some operators have begun rerouting vessels or pausing transits altogether, adding delays and costs to global oil shipments.

The heightened risk adds to broader concerns about the war's impact on global energy markets. Analysts say a sustained disruption to tanker traffic could further pressure oil prices and complicate supply chains already strained by the conflict.