Latest / INSIGHT TODAY / U.S. launches new strikes on Iran after attacks on tankers in Strait of Hormuz

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U.S. launches new strikes on Iran after attacks on tankers in Strait of Hormuz · INSIGHT TODAY

• 0:00
  Speaker 1: Welcome to the news hour. The US military has once
• 0:03
  Speaker 1: again launched a series of attacks against Iran. The strikes,
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  Speaker 1: they say are in response to Iranian attacks on three
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  Speaker 1: commercial vessels transiting the Strait of Hormuz and act the
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  Speaker 1: US calls a quote clear violation of the ceasefire.
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  Speaker 2: The Trump administration also today revoked a key sanctions waiver
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  Speaker 2: that allowed the sale of Iranian oil. Joining US now
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  Speaker 2: to discuss the latest developments and what they could mean
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  Speaker 2: for the global oil supply is maritime security expert Ian Rolby.
• 0:30
  Speaker 2: Thanks again for being with us.
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  Speaker 3: We appreciate it. Please to be back.
• 0:36
  Speaker 2: US official tells are Nick Schiffrin that these latest strikes
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  Speaker 2: are aimed at punishing the regime. They have clearly demonstrated
• 0:43
  Speaker 2: they're not listening. This official tells Nick, we are turning
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  Speaker 2: up the volume based on what we know so far.
• 0:49
  Speaker 2: What's your read on what's happening in and around the
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  Speaker 2: Strait of Hormoves.
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  Speaker 3: Things are turbulent. The last twenty four hours been particularly dicey.
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  Speaker 3: We've seen three vessels hit, two confirmed, one an llen
• 1:01
  Speaker 3: G tanker out of Katar that caught fire and could
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  Speaker 3: still explode. Things are about as messy as they've been
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  Speaker 3: in last couple of weeks, and with these renewed strikes,
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  Speaker 3: I think the maritime traffic is largely turning back strikes.
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  Speaker 3: It is likely to become even more stuck in in
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  Speaker 3: order to avoid becoming part of the ongoing hostilities. So
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  Speaker 3: it's grim picture at the moment.
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  Speaker 2: Has Iran claimed responsibility for these strikes that the US
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  Speaker 2: says that they're responsible for, and if not, what might
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  Speaker 2: that suggest?
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  Speaker 3: Yeah, it's a great question, and many have accused Iran
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  Speaker 3: of it. It does look like irgc action, and Iran
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  Speaker 3: has made a statement at least about the Qatari vessel
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  Speaker 3: that there was warnings given and that they were not accepted,
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  Speaker 3: but they haven't gone so far as to claim full responsibility.
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  Speaker 3: And the second vessel has been confirmed that a Sody
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  Speaker 3: Ultra large crew carrier, so as big as it gets.
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  Speaker 3: And so it's quite interesting that we see the two
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  Speaker 3: vessels that have been confirmed both from the Gulf, and
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  Speaker 3: neither of them has Iran confirmed as being the responsible party.
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  Speaker 3: So it may underscore a degree to which Iran is
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  Speaker 3: looking to create some vagary around what they're doing, partly
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  Speaker 3: because they don't want to be seen as aggressing against
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  Speaker 3: some of their neighbors. What has shipping traffic through the
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  Speaker 3: straight looked like since the ceasfire started? So, you know,
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  Speaker 3: we've had a couple of different seasfires, So you know,
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  Speaker 3: we had the traffic running through about one hundred and
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  Speaker 3: thirty to one hundred and sixty vessels before the start
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  Speaker 3: of the war. After the April eighth ceasefire, it still
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  Speaker 3: remained pretty much nil. We saw a couple going through
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  Speaker 3: every day at most about ten since the MoU was
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  Speaker 3: put in place. That is basically a framework for a ceasefire,
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  Speaker 3: but not formally one because it doesn't have some of
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  Speaker 3: the specifics we'd hope for a situation like this, like
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  Speaker 3: what are the results, what are the constant quinces of
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  Speaker 3: breaking it? We have seen an upward tick, so about
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  Speaker 3: thirty to forty vessels, and over the weekend we saw
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  Speaker 3: a total of about seventy eight vessels in either direction,
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  Speaker 3: So it's a much bigger amount in total, but still
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  Speaker 3: seventy eight vessels in two days compared to you know,
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  Speaker 3: two hundred and sixty is a far cry from where
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  Speaker 3: we used to be.
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  Speaker 2: Indeed, and at what point at this point, rather, what
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  Speaker 2: options do shipping companies have can vessels continue operating safely
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  Speaker 2: through the strait. I mean our insurers or shipowners or
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  Speaker 2: governments now rethinking how this traffic.
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  Speaker 3: Moves through there. Absolutely, it's extremely volatile. The criticality of
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  Speaker 3: it has gone up. And so we had essentially at
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  Speaker 3: one point three different routes, the Iranian route through the
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  Speaker 3: Persian Gulf straight Authority where you get permission from Iran
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  Speaker 3: and hug the Iranian coast, and then two in what
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  Speaker 3: the President has called the Southern Highway, which has been
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  Speaker 3: either facilitated by the US Navy through what's called the
• 3:57
  Speaker 3: nggag's program that provides US gidens through or for a
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  Speaker 3: very brief window, and IMO International Maritime Organization and OMAN
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  Speaker 3: scheme that also went through that same route. It seems
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  Speaker 3: like all three of those are likely to be closed
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  Speaker 3: for the moment, but when they returned, there's going to
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  Speaker 3: be a reticence. And what seems to be occurring is
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  Speaker 3: that ships are starting to actually assess that the Red Sea,
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  Speaker 3: with pirate attacks on the rise and still a louming
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  Speaker 3: threat of who Thi's, is still safer than traversing the
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  Speaker 3: straight up hoorm moves and so that is a real
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  Speaker 3: concern because we may see this move more in a
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  Speaker 3: southerly direction into the Red Sea and resume other threats
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  Speaker 3: and other concerns as being as high profile as they
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  Speaker 3: had been maybe a year or two ago.
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  Speaker 2: Ian Relby, thank you for your insights.
• 4:40
  Speaker 3: We appreciate it.
• 4:44
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• 4:48
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• 5:00
  Speaker 3: Attatatatatas