20,000 seafarers remain stranded in Strait of Hormuz with supplies running low
Updated
Updated · The Wall Street Journal · May 9
20,000 seafarers remain stranded in Strait of Hormuz with supplies running low
12 articles · Updated · The Wall Street Journal · May 9
More than 800 vessels are waiting to leave, while a US naval effort dubbed Project Freedom was paused after 36 hours.
The International Maritime Organization says at least 10 sailors have died since the war began, and more than 30 ships have been hit by Iranian drones and missiles.
Insurers have sharply raised premiums, some owners face bankruptcy, and aid groups warn crews from countries including Bangladesh, India and the Philippines risk worsening shortages, unpaid wages and medical emergencies.
While 20,000 sailors are trapped, how is Iran's 'shadow fleet' sailing freely through the same 'closed' strait?
Is the Hormuz crisis the final push for the world to abandon oil and break free from weaponized chokepoints?
With the US rescue mission stalled, which nation now holds the key to averting a global economic meltdown?