In this episode of What’s Going on With Shipping, we dive into the escalating "tanker-for-tanker" conflict in the Strait of Hormuz. Following a series of Iranian attacks on commercial vessels, the U.S. has initiated precise strikes to disable Iranian tankers without causing environmental damage. We break down the data on vessel transits, the massive impact on global oil storage, and the mounting economic pressure on both the Iranian economy and the U.S. Navy. Key highlights in this video: ⚓Mission Kills: Analysis of the U.S. strikes on the Suezmax vessel Sinopa and the VLCC Hawk off the port of Jask. ⚓The Dark Fleet: How nearly 500 ships have transited the Strait "dark" (with AIS off) since June to avoid detection. ⚓Oil Inventory Crisis: Why U.S. and global oil storage levels are hitting multi-year lows, threatening a massive price spike. ⚓The Insurance Toll: Why war-risk claims have reached $2 billion, marking the second-largest payout for marine underwriters in a decade. ⚓Strategic Standoff: A look at the 20 Iranian tankers currently sitting off Sri Lanka and whether they are the next targets for U.S. Pacific Command. Contact What's Going on With Shipping via: Patreon: www.patreon.com/wgowshipping Twitter: @mercoglianos Bluesky: @mercoglianos.bsky.social Facebook: @wgowshipping Email: mercoglianosal@gmail.com 0:00 Introduction: Iranian Tankers in the Crosshairs 0:36 U.S. Strikes on Sinopa and Hawk 1:33 Iranian Attacks and the UKMTO Update 2:11 Traffic Analysis: AIS vs. Dark Transits 4:45 Tanker Trackers: The Reality of Oil Flow 7:15 The $2 Billion Insurance Crisis 8:21 Shipping Rates: VLCC, Dry Bulk and Containers Surge 10:25 Global Oil Storage: The Downward Slope 12:26 Tracking the Iranian Flagged Fleet 14:40 The Sri Lanka Standoff: 20 Tankers at Risk 16:25 The Strain on the U.S. Navy Blockade and Who Breaks First? Marine Traffic www.marinetraffic.com CENTCOM Completes Strikes on IRGC Targets in Iran https://www.centcom.mil/MEDIA/PUBLIC-RELEASES/Article/4588389/c