Major tanker charterer Shell is keeping any UK flagged tankers under its control away from the Strait of Hormuz, its chief executive has confirmed.
Shell’s actions match peer BP, which revealed this week it was not taking its own ships through the trouble-spot after one of its tankers was targeted by Iran this summer.
Tension has exploded in the Middle East this summer, with attacks on a number of tankers before Iran seized the 50,000-dwt Stena Impero (built 2018).
