Iran Blacklists 45 Tankers as Hormuz Standoff Escalates

Iran has blacklisted 45 oil, LNG, LPG and product tankers using the Strait of Hormuz, threatening fines, detention and cargo confiscation as Tehran retaliates against Washington’s looming “economic D-Day.” The list includes vessels owned by shipping companies tied to two of the Gulf’s biggest oil producers, including Saudi Arabia’s Bahri and ADNOC Logistics & Services and its Navig8 Tankers subsidiary, according to Reuters. Iran’s newly created Persian Gulf Strait Authority said the 45 vessels had violated...