Middle East war is affecting shipping — Europe won’t be spared
Rising conflict in the Middle East disrupts shipping; Europe to feel the impact
The crisis around the Strait of Hormuz has made it dangerous for merchant vessels to pass, threatening global shipping flows. Several ships have delayed transits as owners reassess risk.
The Danuta I LPG carrier, recently sanctioned, is cited as an example of vessels potentially carrying Iranian gas. Port and shipping sources note the broader risk to routes that carry oil and gas to global markets.
Owners and war-risk insurers are increasing caution; crews’ safety is the primary concern, with many ships idle near entry points into the Strait.
Iran has signaled willingness to attack ships passing through the strait, a move that could disrupt energy supplies and send prices higher. EU and U.K. importers rely heavily on Gulf energy, though diversification exists.
Analysts from DNK warn that a prolonged halt could profoundly affect energy prices and global markets, potentially influencing European economies.