On June 17, 2025, two oil tankers, ADALYNN and Front Eagle, collided in the Gulf of Oman near the Strait of Hormuz. The collision caused fires and an oil spill, impacting approximately 1,500 hectares. The UAE coast guard evacuated 24 crew members from the ADALYNN.
The incident occurred amid heightened regional tensions following Israeli airstrikes. The Strait of Hormuz is a critical passage for global oil trade, handling about 20 million barrels of oil daily. This accounts for nearly 20% of global oil consumption.
Shipowners have become cautious, leading to a surge in tanker charter rates. Rates for very large crude carriers (VLCCs) from the Gulf to China have significantly increased. The International Maritime Security Construct (IMSC) is monitoring the situation.