Greece Warns Of “Alarming” Strait Of Hormuz Crisis As Over 325 Greek-Linked Ships Operate In High-Risk Zone

Greece’s shipping minister has warned that the security situation in the Strait of Hormuz is “alarming” as dozens of ships remain stranded amid tensions with Iran.

The waterway, which handles about 20% of the world’s oil and gas, has been closed for four days, halting tanker movements.

Iran’s Revolutionary Guards reportedly warned they would fire on any vessel trying to pass through the strait.

The closure is putting pressure on global energy supplies, and a longer disruption could raise oil prices, freight costs, and insurance for ships in the area.

Any prolonged disruption in the Strait of Hormuz could limit oil supplies, raise freight costs, and increase insurance for vessels operating in the region.

Greece, which controls one of the world’s largest merchant fleets, has significant exposure in the region. At least 10 Greek-flagged vessels are inside the Gulf, with five more nearby, carrying dozens of Greek seafarers.

In total, over 325 Greek-linked ships are in the wider area.

The Greek shipping ministry has advised vessels to avoid the region since Saturday and is in constant contact with ship operators and crews.

Shipping Minister Vassilis Kikilias called the situation worrying, stressing that seafarers should not be caught up in geopolitical conflicts, and that their safety is the top priority.

The ministry is maintaining round-the-clock contact with affected vessels. Shipping Minister Kikilias said crews are safe for now, but the situation remains unstable and could escalate.

Greece has also set up a plan to repatriate thousands of its stranded nationals in the region. However, the effort is complicated by closed airspace over affected areas, making evacuation logistics difficult.

References: Reuters