Splash Wrap: Iran tightens its control of Hormuz
AI Summary
Shipping activities in the Strait of Hormuz remain unstable, with tensions escalating and no sign of improvement. Recent actions involve discussions of conflict between significant global leaders amidst ongoing shipping peril.
There was no sign of a shipping breakthrough in Hormuz this week. If anything, the strait became more dangerous and closed. Donald Trump has been discussing his war with Iran with Xi Jinping while on a state visit to Beijing. Federal prosecutors filed criminal charges this week against Singapore-based shipmanager Synergy Marine over the 2024 …