Shell Not Taking British-Flagged Tankers Through Hormuz
LONDON, Aug 1 (Reuters)– Royal Dutch Shell is not taking any type of British- flagged vessels via the Strait of Hormuz amidst enhanced stress with Iran in the crucial chokepoint for oil deliveries.
“There are Shell-managed vessels in the Strait of Hormuz and that will probably continue to be the case. Currently, though, there are no UK-flagged vessels,” Chief Executive Ben van Beurden informed press reporters.
If the Anglo-Dutch oil and also gas business does make use of a British- flagged vessel in the future, it will certainly be come with by the Royal Navy as a safety measure, van Beurden included.
Shell’s competing BP on Tuesday stated it had actually not taken any one of its very own vessels via the Strait of Hormuz, along which regarding a fifth of the globe’s oil passes, because a July 10 effort by Iran to take among its vessels.
That came 2 weeks after British pressures caught an Iranian oil vessel near Gibraltar thought of going against European Union assents onSyria (Reporting by Ron Bousso Editing by Dale Hudson and also David Goodman)
( c) Copyright Thomson Reuters 2019.