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PARIS — Two major shipping groups on Saturday suspended navigation through the Gulf as conflict flared between the United States, Israel and Iran, piling onto a growing maritime slowdown in the region.
The announcements came as Iran's Revolutionary Guards had warned several ships that the Strait of Hormuz, the vital waterway for oil from the Gulf, was "basically closed", Iran's Tasnim news agency reported.
France's CMA CGM issued a statement telling its vessels in the Gulf to "take shelter" and also suspended passage through the Suez Canal because of the regional conflict.
"All ships currently in the Gulf, or on route to the Gulf, have received the instruction, with immediate effect, to take shelter," said the statement from CMA CGM, the world's third-largest container shipping company.
The vital corridor links the Gulf to the Indian Ocean and is situated between Iran and Oman's Musandam exclave, situated at the tip of a peninsula.
Shipping association BIMCO said that commercial ships with Israeli or American ties could be at risk of being targeted.
Approximately 20 million barrels of crude oil passed through the narrow waterway daily in 2024, equivalent to nearly 20 percent of global liquid oil consumption, according to the US Energy Information Administration (EIA).
Airlines continued to suspend flights across parts of the Middle East on Sunday, as AFP reporters in Tehran said they heard fresh strikes in the Iranian capital -- the source of which was not immediately clear.