28.04.2026 10:54
During a period of escalating US-Iran tensions and significantly halted traffic in the Strait of Hormuz, the passage of the $500 million superyacht named "Nord," linked to a sanctioned Russian billionaire, drew attention. The transit coinciding with a time of intensified diplomatic contacts between Iran and Russia was notable.
The passage of a superyacht linked to sanctioned billionaire Alexey Mordashov, known for his closeness to Russian President Vladimir Putin, through the Strait of Hormuz, where traffic has largely halted due to US-Iran tensions, drew attention.
THE $500 MILLION "NORD" MAKES HEADLINES
The luxury yacht named "Nord," measuring 142 meters in length and valued at over $500 million, was reported to have crossed the Strait of Hormuz between April 25-27, departing from the Gulf. It was stated that the yacht advanced through the "safe line" declared by Iran and reached Al Mouj Marina in Muscat, the capital of Oman.
LINKED TO SANCTIONED FIGURE
Severstal Chairman Alexey Mordashov, who is under sanctions by the US, UK, and European Union, denied owning the yacht, but records indicated the vessel belonged to a company linked to his wife.
LIMITED TRAFFIC IN HORMUZ, CROSSING SPARKS DEBATE
In the Strait of Hormuz, through which about 20% of global oil passes, maritime traffic has significantly decreased post-war. The ability of a private yacht to cross during this period raised claims of "special permission" and backdoor diplomacy.
IRAN-RUSSIA CONTACTS DRAW ATTENTION
The crossing coinciding with a period of intensified diplomatic contacts between Iran and Russia drew attention. Russian President Putin was reported to have met with Iranian Foreign Minister Abbas Araghchi in St. Petersburg.
OIL APPROACHES $109
The crisis in the Strait of Hormuz and shipment issues also pushed oil prices higher. Brent crude rose to $109, increasing global inflation concerns.