Drone attacks targeting Jebel Ali (UAE) and Duqm (Oman) — two critical regional transshipment and energy hubs — along with a sanctioned tanker struck off Oman, signal a serious escalation threatening Persian Gulf and Strait of Hormuz traffic. Logistics operators should immediately review war risk insurance coverage and assess alternative routing via Cape of Good Hope. Freight rates on Asia-Europe and Gulf lanes are expected to spike sharply as carriers reassess service viability through the region.
Rate Direction
Rates up +25.00%
Time Horizon
immediate
Confidence
72%
Routes Affected
Strait of Hormuz / Persian Gulf / Indian Ocean / Cape of Good Hope / Red Sea / Suez Canal
Ports / Terminals
Jebel Ali / Duqm / Fujairah / Bandar Abbas / Salalah / Port Said
Carriers
MSC / Maersk / CMA CGM / Hapag-Lloyd / COSCO / Evergreen / ONE
Source
https://www.seatrade-maritime.com/security/ships-avoid-the-strait-of-hormuz-tanker-hit-off-omanpublished 01 Mar 2026, 09:23 UTC