The incident marks at least the fourth vessel hijacking near Somalia in recent weeks.
When will Strait of Hormuz be ‘safe’ for commercial shipping again?Even if the strait reopens, shipping insurance could cost 20 times more than before the war, analysts say.
Extract — continue reading at the source.
Similar stories
1 outlet
Oil tanker hijacked off coast of Yemen and taken towards Somalia
bbc.com
02.05.2026
Related stories
Donald Trump to give speech on crime and safety during New York visit – US politics live
Russian drones kill a woman and 9-year-old son at home in Ukraine
From Europe to Asia, floods to heatwaves, world experiences weather shocks
US missionary released following kidnap in Niger, Christian group says
UAE accuses Iran of Hormuz attacks as Vance says cheap gas are "goal number one"
Luigi Mangione hearing fuels speculation of a guilty plea in federal case