Hapag Lloyd (HLAG GY) says for as long as there are still mines in the are, "we" do not believe that it is possible to navigate through the Strait of Hormuz
Hapag Lloyd is highlighting significant navigational risks in the Strait of Hormuz, which is a critical shipping route.
Two Iranian-linked tankers have reportedly exited the Gulf via the Strait of Hormuz, ahead of the US-announced blockade; tankers sailing with oil, according to shipping data
Russia's Seaborne oil product exports reportedly +0.9% M/M in March, according to sources
Hapag Lloyd (HLAG GY) says for as long as there are still mines in the are, "we" do not believe that it is possible to navigate through the Strait of Hormuz
Newsquawk Daily US Opening News - 13th April 2026
North Sea Forties crude oil reaches a record high of USD 148.87/bbl, according to LSEG data; supply concerns will be boosted by US plans to block the Strait
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This assertion suggests heightened tensions or instability in the region related to mining activities, potentially impacting oil supply chains and overall trade volumes. Traders should consider how this could affect shipping costs and the prices of commodities, particularly oil, given the strategic importance of this waterway.
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