Some oil majors and top trading houses have suspended crude oil and fuel shipments via the Strait of Hormuz amid ongoing U.S. and Israeli attacks on Iran and Tehran's retaliation, four trading sources said on Saturday.
Some oil majors, traders suspend shipments via Hormuz amid US attack on Iran, sources say
Some oil majors and top trading houses have suspended crude oil and fuel shipments via the Strait of Hormuz amid ongoing U.S. and Israeli attacks on Iran and Tehran's retaliation, four trading sources said on Saturday.
February 28, 2026
Dmitri zZhdannikov/Reuters
FILE PHOTO: A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025.
Dado Ruvic/Reuters
LONDON - Some oil majors and top trading houses have suspended crude oil and fuel shipments via the Strait of Hormuz amid ongoing U.S. and Israeli attacks on Iran and Tehran's retaliation, four trading sources said on Saturday.
"Our ships will stay put for several days," one top executive at a major trading desk said.
-Reporting by Dmitri zZhdannikov; Editing by Aidan Lewis
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