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Collision Near Hormuz Strait Sparks Alarm Amid Iran-Israel Conflict

An oil tanker collision near the Strait of Hormuz on Tuesday prompted the UAE to evacuate 24 crew members from the vessel ADALYNN, bound for Egypt.

The crash occurred in the Gulf of Oman amid soaring regional tensions between Israel and Iran.

While British security experts ruled out a security threat, the incident reignited fears over shipping safety in the world’s most critical oil chokepoint, which sees over 21 million barrels pass through daily.

Israel’s ongoing strikes on Iranian energy facilities have raised fears of an Iranian retaliation that would see blocking the world’s most important gateway for oil shipping.

 

Shipowners are increasingly avoiding the route, oil prices continue to rise, and major tanker company Frontline has halted new contracts through the area.

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