7 resultsfor “Impact of US-Israel war on Iran trade routes”
route during the [Middle East conflict.](/news/liveblog/2026/5/6/iran-war-live-trump-says-hormuz-operation-paused-amid-us-tehran-talks) The war has blocked hundreds of vessels, stranded thousands of people and brought roughly 20 percent of global oil trade to a virtual standstill. The incident shows that
war responsible? At least three vessels have been targeted in [hijackings](/news/2026/4/27/suspected-pirates-steer-cargo-vessel-towards-somalia) this week off the coast of Somalia in what analysts fear is a replay of past piracy around the Horn of Africa
impact of the US-Israel war with Iran. Gross domestic product (GDP) rose by 5% in the period, compared to a year earlier, according to official data. Economists had expected the figure to come
US-Israel war on Iran](https://www.theguardian.com/world/us-israel-war-on-iran). As the chancellor, Rachel Reeves, [summoned bank chiefs for talks aimed at containing the fallout](https://www.theguardian.com/business/2026/apr/19/bank-bosses-meeting-rachel-reeves-impact-iran-war-uk-economy), twin reports from top accounting firms underlined the scale
trade. Oil tankers ride at anchor on the horizon, and sometimes, locals say, lumps of coal wash up on the shore, blown off the collier ships that carry cargos from the nearby mines
trade completely, but to control it. “Iran is collapsing financially,” Trump wrote on Thursday on Truth Social. “They want the Strait of Hormuz opened immediately- Starving for cash!” For the first six weeks
routes unaffected by the US blockade of the strait of Hormuz,** a senior official has said. “I hereby report to the nation that visits to four countries have secured the import of 273m barrels