Petrol piracy also sometimes called oil piracy or petro-piracy, is an act of piracy that specifically involves petroleum resources, or their transportation, consumption, and regulation. It should not be confused with the term oil war, as although both involve petroleum, petrol piracy always involves at least one of the aggressors being ship or boat-borne.[1] Although, it may seem not as prevalent in today's modern society due to plummeting oil prices and lower attack rates, a number of specific incidents have still occurred in-addition to the fact that since the start of COVID-19 there has been an unprecedented resurgence in piracy incidents (petrol piracy-included).[2] In contrast to traditional piracy, petroleum ships are generally targeted over merchant, as it serves as a means to fight back against 'resource control' within the region.[3]
In the most recent copy of the IMB's piracy report, signs show of piracy activity doubling in areas with previously very low numbers. This is attributed due to a stronger economic downturn then usual, as a result of COVID-19.[7] Current hot-spots include areas like the Gulf of Aden and the Western African nation of Guinea, an affluent jewel when it comes to illicit petroleum, due to its geographical positioning in relation to several sources of oil along the coast.[8]