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Strait of Hormuz Turns into Potential Battlefield; Greek Ships Take Risks
Strait of Hormuz Transforms into Risky Waterway
The Strait of Hormuz, one of the world's most vital sea lanes, is turning into a potential battlefield amidst the ongoing 'war' on Iran by the U.S. and Israel. Despite blockades by Iran and threats of mines, missiles, and drone attacks, some vessels continue to navigate the narrow waterway between Iran and Oman. This strait is a critical route, carrying roughly a fifth of the world's oil and liquefied natural gas (LNG) supplies.
Shipping Companies Brave Risks for Gains Amidst Conflict
Since the conflict began on February 28, a number of shipping companies have pulled their fleets out of the region. However, a small number are willing to take the risk. According to maritime tracking data, at least ten Greek ships operated by Greek companies have passed through the strait during the ongoing conflict. They are risking everything for profits, with some shipowners reportedly earning up to half a million dollars a day. Even after paying steep war-risk insurance premiums and higher wages for crews working in a conflict zone, companies can still make millions from a single voyage. Firms linked to prominent Greek shipping families, such as the Embiricos, are among those reportedly involved. Some ships have reportedly traveled at night or switched off their tracking devices in an attempt to avoid detection.
U.S. Navy Considers Escorts, Risks Remain High
The dangers, however, are ever-present. Iran's military has already struck several commercial vessels in the Strait of Hormuz, warning that the waterway will remain closed and predicting that oil prices could surge as high as $200 per barrel. At least 16 ships have been attacked since hostilities escalated, including Greek-operated vessels reportedly hit by drones. In an interview with Fox News, U.S. President Donald Trump said that if needed, the U.S. Navy will escort vessels through the critical strait. The American Navy, however, indicates that the risks are currently too high for such escorts.
*Source: YouTube: WION (2026-03-14)*
