Concerns over the security of global shipping lanes intensified on Thursday after Yemen's Iran-backed Houthi movement claimed attacks on two Saudi oil tankers in the Red Sea, while US President Donald Trump warned he would retaliate against any Iranian attempt to target commercial vessels transiting the Strait of Hormuz.
A convoy of eight tankers - comprising one very large crude oil carrier (VLCC) and chemical tankers - was crossing the Strait of Hormuz on Saturday, data showed, as some ship owners said they hoped Tehran would allow them to leave the Gulf during a short ceasefire window in the Iran war.
