Rebounding oil exports through Strait of Hormuz are vulnerable to stepped-up Iranian tanker attacks

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Iranian attacks on tankers transiting the Strait of Hormuz, the Persian Gulf, and waters off Oman have increased, with nearly 20 commercial ships reportedly targeted in the past month. The attacks put a fragile rebound in Persian Gulf crude oil exports at risk.

Iran has stepped up its attacks on tankers transiting the Strait of Hormuz, threatening a fragile rebound of crude oil exports from the Persian Gulf. Nearly 20 commercial ships, mostly tankers, have come under attack over the past month while sailing through Hormuz, the Persian Gulf or off the coast of Oman, according to the ...