oil tanker
Seven people have been arrested after the military boarded an oil tanker that was subject to a "suspected hijacking" by stowaways.
Armed Forces were given authority to board a ship off the coast of the Isle of Wight.
Oil and gas prices will be affected if tensions in the area continue, according to a leading authority on British shipping.
Iran’s Revolutionary Guard said on Friday it has seized two oil tankers - one British-flagged and the other British owned.
Iran’s Revolutionary Guard corps made the claim on Friday evening.
Three Iranian vessels tried to block the passage of an oil tanker through the Strait of Hormuz, but withdrew after warnings from a British warship, the UK government said. The stand off followed a warning by Donald Trump that US sanctions on Iran would soon be "substantially" increased as part of his drive to curb Iran's nuclear activities and regional behaviour.
Iran shoots down US drown amid mounting tension since Trump imposed sanctions over the country's nuclear programme.
The US have accused Iran of attacking two oil tankers near the strait of Hormuz. The US military's Central Command released a video it says shows Iranian forces removing an unexploded mine from one of the ships before the attack. Iran has denied involvement amid heightened tensions between the two countries.