Shipping is Afire in the Persian Gulf | No Escorts, the Strategic Petroleum Reserve & the Jones Act
March 12, 2026
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21:17Now PlayingShipping is Afire in the Persian Gulf | No Escorts, the Strategic Petroleum Reserve & the Jones Act
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as posted by the channelThe March 12, 2026, update discusses the attack on two tankers off the coast of Kuwait and a containership off the UAE. We provide an update on shipping news including some national perspectives. Finally, an examination of Secretary Wright's comments about convoying, the issues with conducting convoy operations and the proposal to waive the Jones Act for 30 days in an effort stem fuel costs in the United States.
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Tankers and Containership Hit Across Persian Gulf as Maritime Attacks Continue
Explosive Sea Drones Emerge as New Threat to Tankers in Gulf Attacks
Covert Shores
JMIC Advisories
Iran’s shadow fleet disrupted by Middle East war
Middle East VLCC indexes are still near peak but Atlantic rates are sinking
Up to 140 containerships at risk in Gulf as indiscriminate attacks spread
Indian Source Says Iran to Allow India-Flagged Tankers Through Hormuz as First Tanker Arrives
Norway Bars Its Ships From Hormuz as Attacks on Merchant Vessels Escalate
US Hormuz Escorts May Start by End of the Month, Wright Says
U.S. to Release 172 Million SPR Barrels as New Tanker Attacks Drive Oil Higher
Naval escorts would cap tanker transits at under 10% of normal volumes
US Considers Easing Jones Act to Tame Spiraling Fuel Prices
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