Iran's attacks on oil tankers have created a shipping crisis in the Strait of Hormuz, one of the world's most critical waterways. Since U.S.-Israeli strikes on Iran began, five tankers have been hit, causing operators to halt traffic through the narrow passage that carries one-fifth of global oil and significant natural gas supplies.

Maersk, a major container shipping line, suspended Middle East services, while insurance costs for vessels have soared to prohibitive levels. The standoff has pushed up oil and gasoline prices worldwide, with analysts noting that Iran's strategy appears designed to pressure the U.S. and Israel into a cease-fire by leveraging control over global energy flows.

The U.S. has threatened naval escorts and offered federal insurance coverage, but experts question whether these measures can restore confidence. Retired Vice Admiral Kevin Donegan suggests U.S. strikes on Iran's navy aim to degrade its ability to target ships. However, Iran maintains strategic advantages in prolonging low-level conflict, with shipping executives prioritizing crew safety over cheaper insurance. Until tankers resume passage, analysts say Iran retains leverage in its conflict with the U.S. and Israel.