Hormuz ship attacks increase amid US economic pressure
Ships in the Strait of Hormuz are increasingly being targeted by attacks, with several vessels, including some operated by ADNOC, directly struck by projectiles, though no injuries have been reported. The Strait of Hormuz, through which approximately 20% of global oil supplies pass before the war, is a key strategic gateway reflecting rising tensions between the United States and Iran. The fighting continues, and no lasting settlement has been reached in the ongoing war that has lasted about six months. Oil prices have risen noticeably, with Brent crude increasing by around 6% this week. Meanwhile, Washington faces pressure to tighten sanctions on Iran, which is ramping up its military preparedness and engaging in indirect negotiations with Oman, while Tehran insists on resuming talks with the U.S. that have yet to restart.
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