Hormuz Ships Hit by Worst Attack Spate Since War Began — SkimNews
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- Ships in the Strait of Hormuz have been hit by the worst spate of attacks since the start of the war, per the Financial Times.
- Iran is escalating threats to Strait of Hormuz shipping, per AP News, while the Times of Israel reports a military institute warning that ship-to-ship oil transfers around the strait are at risk.
Why it matters: The Strait of Hormuz is a critical chokepoint for Gulf oil exports, so an escalating attack pattern threatens the safe movement of crude tankers and raises the prospect of higher transport costs and insurance premiums for shippers.
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