Shell monitoring Hormuz tensions closely, CEO says
Shell boss Ben van Beurden said today that the company was closely monitoring tensions in the Strait of Hormuz.
Shell boss Ben van Beurden said today that the company was closely monitoring tensions in the Strait of Hormuz.
A second warship has arrived in the Strait of Hormuz to protect British ships as the Iranian seizure of a tanker enters its second week.
Iran has warned it will protect its waters after the UK set out plans to put together a European maritime force to defend shipping in the Strait of Hormuz.
The global oil price could shoot “violently upwards” following supply disruptions in the Middle East, including attacks on a pair of oil tankers.