Update Note – 11 Mar 2026 – The analysis addressed independent “dark transit” decisions by commercial operators. Military-coordinated escort operations operate under a different risk structure, where navigation and situational awareness are managed by naval command systems. The Current Context: Hormuz Under Escalation The Strait of Hormuz is once again under active military escalation. The … Continue reading Lessons from the Tanker War of 1980’s: Why Dark Transits Risk Modern Shipowners