Attacks on tankers in Hormuz hit highest of any week since start of Iran war: Reuters
- Maritime security sources reported 12 attacks on tankers transiting the Strait of Hormuz between September 28 and October 5, marking the highest weekly incident total since the Iran conflict began in February.
- Since February, Iran has leveraged control of the Strait of Hormuz to disrupt shipping, yet Gulf producers recently restored export volumes through an elaborate system of ship-to-ship shuttle transfers.
- Exporters utilize ship-to-ship transfers to obscure cargo routes and mitigate risk, though shuttle runs significantly increase costs as owners demand $30 million to $40 million per round trip to compensate for regional dangers.
- On October 4, the Liberian-flagged tanker Lipsi sustained engine room damage after being struck by an unknown projectile while transiting northeast of Jazirat Um Al Fayarin, Oman, leaving the vessel adrift with crew safe.
- Brent crude prices hover near $100 per barrel as markets reflect sustained pressure from persistent maritime threats and the high cost of insuring and delivering crude through the contested waterway.
254 Articles
254 Articles
Traffic through the Ormuz Strait has decreased significantly over the past few days, as a result of intensified attacks on oil tankers and security risks in the region. In parallel, Middle Eastern exporters have redirected some of their transport to other routes, to compensate for the reduction of traffic through this strategic maritime route.
Tehran threatens its neighbors and multiplies attacks on oil tankers crossing Ormuz through the corridor that protects the U.S. Navy. Meanwhile, traffic drops to its lowest level in two months and Brent is again around $105. Learn more: Trump gets the oil back flowing through Ormuz but encounters a new problem: the refineries damaged by Iran
The 12 IRGC attacks were said to be the highest in a single week since the US-Iran war began on February 28.
When it was observed that traffic through the Strait of Hormuz had been restored to a large extent, Iran rushed forward, saying, “The strait is still under blockade.” Following the recent increase in the number of oil tanker attacks to the highest level since the war, the Iranian military also threatened to attack merchant ships to evade blockade routes. Mohammad Reza Nahdi defends Iran's Islamic Revolution
Coverage Details
Bias Distribution
- 42% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
