The Trader 

Straitened times

The Trader

The Straits of Hormuz have always been a pinch-point, the Achilles heel of oil tankers. But now Iran is taking this literally and pinching a whole tanker that happens to sail under a British flag – very likely in retaliation for one of theirs held in Gibraltar. On Saturday, British Airways flights to Cairo were suspended; “security precautions” cited. Approved by King Salman, another 500 US military personnel were sent to Saudi Arabia this week to beef up the Prince Sultan airbase just south of Riyadh.

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