# CMA CGM

Iran Says It Controls Strait of Hormuz as Tankers Come Under Fire — Global Shipping and Energy Flows Grind to a Halt

Iran's IRGC says it now controls the Strait of Hormuz and has struck multiple tankers, prompting a near halt to shipping through the chokepoint. The disruption has sent freight rates and oil prices sharply higher, forced major carriers to reroute and impose surcharges, and squeezed air cargo capacity, threatening wider supply‑chain pain if the situation is not quickly resolved.