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Global ship operators are ramping up caution as the U.S. signals potential involvement in the growing Israel–Iran conflict. This has triggered a sharp rise in war-risk insurance premiums—nearly tripling for ships bound for Israel—and prompted authorities in Greece and the UK to advise vessels to avoid high-risk areas such as the Strait of Hormuz, Gulf of Aden, and the Red Sea. Many vessels are now rerouting closer to the coast of Oman to reduce exposure to conflict zones.

Navigational safety is also under threat due to increased electronic interference and a recent high-profile incident where two oil tankers collided near Fujairah—believed to be linked to navigational disruptions. These factors, combined with rising insurance costs and volatile freight conditions, are putting tremendous strain on shipping firms operating near the Middle East. Industry experts warn that any direct U.S. involvement could further disrupt global energy flows and shipping lanes critical to trade.

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Read more from Splash247
Reuters – Ships advised to avoid Iranian waters
Guardian – Shell warns of trade impact
WSJ – Tanker collision near Fujairah

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