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Iran Seizes Two Ships, Shuts Hormuz, Disrupts Oil Supply

4/24/2026

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Story summary
  • Iran seized two container ships near the Strait of Hormuz this week, heightening maritime security concerns.
  • Only five vessels, including the Iranian-flagged tanker Niki, crossed the strait in the past 24 hours, far below the pre-war daily average of 140.
  • The closure has stranded hundreds of ships and 20,000 seafarers and disrupted about one-fifth of global oil and LNG supplies.