US response under watch for shipping after tanker seizure by Iran

Washington’s response to the recent seizure of a US-bound oil tanker by Tehran will determine whether regional trade flows will be disrupted and shipping insurance premiums hike, some industry analysts said. At about 1:15 pm local time April 27, the Marshall Islands-flagged tanker Advantage Sweet was seized transiting international waters in the Gulf of Oman, according to the US Navy….