US-Iran Conflict FAQs

As the US-Iran conflict escalates, the maritime sector faces heightened pressures, particularly in the Middle East’s essential waterways and ports. 

Since 28th February, 2026, the Islamic Revolutionary Guard Corps and the Iranian Navy have been transmitting warning messages via VHF Channel 16 stating that no ships are permitted to pass through the Strait of Hormuz.  As at the date of this publication, commercial traffic through the Strait of Hormuz has largely ceased and war risk insurers are suspending cover for ships entering the Persian Gulf.

The Maritime Security Center Indian Ocean Advisory of 1st March, 2026, refers to three incidents involving explosions/fires onboard tankers in the area (two inside the Strait of Hormuz and one outside), albeit that these have not yet been confirmed as being connected to the ongoing conflict. In addition, ships in regions of the Persian Gulf and Strait of Hormuz have been reporting GPS spoofing.

While the situation is very fluid, the following FAQs provide general guidance and highlight the type of contractual issues that might arise following the escalating conflict.

As always, if Members have any questions in relation to the above issues they are invited to contact the Club for further information.

Download the full FAQs here