Iran insists on right to control shipping in Strait of Hormuz after ship hit near Oman - Headlines news and analysis from Global Banking & Finance Review
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Iran insists on right to control shipping in Strait of Hormuz after ship hit near Oman

Published by Global Banking & Finance Review

Posted on June 26, 2026

5 min read

· Last updated: June 26, 2026

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Iran reasserts its right to control shipping in Strait of Hormuz after ship hit near Oman

By Jana Choukeir, Eman Abouhassira and Jonathan Saul

Iran’s Position and Regional Reactions to Strait of Hormuz Shipping Control

DUBAI/LONDON, June 26 (Reuters) - Tehran reasserted its right on Friday to control shipping in the Strait of Hormuz and warned Gulf states against siding with the U.S., a day after an attack on a ship near Oman highlighted the fragility of a preliminary deal to end the Iran war.  

Iran was responding to what it called an "interventionist, irresponsible and provocative" joint statement by the United States and six Gulf states that rejected Iran's insistence that it could charge tolls on vessels transiting the strait.

Iran’s Stance on Strait Navigation

"Safe passage through the Strait of Hormuz cannot be guaranteed under ambiguous arrangements, parallel routes or decision-making that does not take Iran's role as a coastal state into account," Deputy Foreign Minister Kazem Gharibabadi said on X.

Incidents Involving Foreign Tankers

Underlining the risks facing shipping, Iranian state TV later reported that three foreign tankers attempting what it called an "unauthorised passage" of the strait were turned back after a warning from the Islamic Revolutionary Guard Corps. It gave no further details.

Impact on Oil Prices and Shipping Operations

Oil prices dropped by more than 3% on Friday, on course for steep weekly losses despite the conflicting interpretations of last week's interim deal between Iran and the U.S. and a slowdown in traffic through the strait, where a fifth of global oil and liquefied natural gas supplies typically passes.

Saudi Aramco resumed crude loadings on Friday at its Ras Tanura terminal in the Gulf, the world's biggest oil port, after a nearly four-month halt, shipping data showed.

International and U.S. Responses

U.S. Secretary of State Marco Rubio — wrapping up a tour of the Gulf to reassure nervous regional allies about the interim pact — told reporters on Thursday that if Iran threatened or blocked ships in the strait, "we're going to have a problem."

In their joint statement, Rubio and the Gulf Cooperation Council (GCC) called for "free, unconditional, and unrestricted navigation" in the strait without tolls or "attempts to assert control", and said a lasting peace must address Iran's ballistic missiles, drones and support for proxy groups.

Iran’s Response to U.S. and Gulf Cooperation Council

Warning Against Hostile Policies

IRAN WARNS AGAINST 'HOSTILE AND INTERVENTIONIST POLICIES'

Iran's foreign ministry responded on Friday by saying the U.S. military presence in the Gulf was the source of regional insecurity and division, and that the strait should be governed by Iran and Oman in line with the terms of the interim deal.

"We warn against the continuation of hostile and interventionist policies in the region," it said.

Tehran’s Control After U.S.-Israeli Strikes

Tehran took effective control of the waterway after U.S.-Israeli strikes on Iran on February 28 triggered the war, disrupting oil flows and rattling global energy markets and the wider economy.

Iran’s Warning to Gulf Allies

Ali Akbar Velayati, top adviser to Iran's supreme leader, issued a warning to Washington's Gulf allies.

"The stability of the Persian Gulf Arab states is indebted to Iran's century-long management of the Strait of Hormuz... their strategic survival is at the mercy of Tehran's tolerance," Velayati said on X.

Recent Shipping Incident Near Oman

Evergreen Marine Ship Incident

Taiwan's Evergreen Marine said earlier on Friday its Singapore-flagged ship Ever Lovely had been hit close to Oman on Thursday by an "unknown object" while on a route recommended by the British navy agency UKMTO. 

Nobody was hurt in the incident and the ship later resumed its journey out of the strait.

Allegations and Official Statements

Two U.S. officials told Reuters that Iran had fired on the ship. Iran's Persian Gulf Strait Authority — established by Tehran to manage requests for ships to travel through the strait — said passage through unauthorized routes would be "the responsibility of the owner, operator, and vessel commander".

There was no immediate comment from the U.S. government. U.S. President Donald Trump warned this month that if Iran did not honour the interim deal, including reopening the strait, the U.S. would probably go back to bombing the country.

Ongoing Points of Contention

Lebanon, Nuclear Inspections, and Financial Incentives

LEBANON, NUCLEAR INSPECTIONS, AMONG POINTS OF CONTENTION

Alongside the issue of control over the strait, disagreements persist over other elements of the framework ceasefire deal, including over financial incentives for Iran, nuclear inspections, and Israel's parallel war in Lebanon.

The deal has set up 60 days of talks to tackle thornier issues, including Iran's nuclear program.

Impact on U.S. Politics

In the U.S., the war is weighing heavily on Trump before November midterm elections that will determine control of Congress. 

International Maritime Response and Shipping Logistics

IMO Actions and New Shipping Routes

The International Maritime Organization, a U.N. agency, temporarily paused its operation to escort ships through the Strait of Hormuz after the Oman incident.

The IMO and Oman this week announced a new southern route through the strait to evacuate hundreds of ships stranded by the war, angering Tehran.

South Korean and Saudi Shipping Activity

South Korean President Lee Jae Myung said on Friday three South Korean ships would leave the strait over the weekend after the Oceans Ministry reported eight more South Korean vessels had exited.

Two Very Large Crude Carriers controlled by Saudi Arabia's shipping arm Bahri were seen loading crude at Ras Tanura, while another waited nearby, shipping data showed. Each VLCC can load 2 million barrels of oil.  

Ras Tanura’s Role in Oil Exports

Ras Tanura sits on the Saudi coast to the west of the Strait of Hormuz. It used to export more than 5 million barrels per day of crude before the conflict.

(Additional reporting by Gram Slattery in Manama; Writing by Gareth Jones; Editing by Aidan Lewis and Timothy Heritage)

Key Takeaways

  • Iran insists on its right to govern shipping in the Strait of Hormuz under its newly established Persian Gulf Strait Authority, rejecting U.S. and Gulf states’ calls for toll-free navigation. (internazionale.it)
  • A Singapore‑flagged vessel, Ever Lovely, was struck by an unknown projectile off Oman's coast, leading the IMO to suspend its evacuation plan for over 11,000 stranded sailors. (marketscreener.com)
  • Despite tensions, shipping volumes rebounded—oil flows through the Strait rose to pre‑war levels—and Saudi Aramco resumed oil loading at Ras Tanura after nearly four months. (internazionale.it)

References

Frequently Asked Questions

Why is Iran asserting control over shipping in the Strait of Hormuz?
Iran claims control to ensure its interests and safe passage, especially after recent attacks and regional tensions.
What triggered the recent tensions in the Strait of Hormuz?
An attack near Oman and disputes over tolls and shipping control escalated tensions between Iran, Gulf states, and the US.
How did oil markets react to the ship attack near Oman?
Oil prices dipped as markets assessed the impact of the attack and ongoing uncertainty around Hormuz shipping routes.
What is the position of Gulf states and the US on Iran's control of the strait?
The US and Gulf states oppose Iran's control and tolls, calling for free, unrestricted navigation in the waterway.
Did the ship attack affect global shipping routes?
Yes, following the incident, the International Maritime Organization temporarily paused ship escorts and a new route was suggested.

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