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Oil tanker attacks and supply instability amid expanding Middle East conflict

Zero Hedge +2 ·

  1. 1The Iranian Revolutionary Guard claimed to exercise full control over the Strait of Hormuz.
  2. 2At least two or as many as three oil tankers were damaged over the past 24 hours.
  3. 3Since the start of the Iran war in late February, 100 commercial vessels have been attacked in the Strait of Hormuz, the Persian Gulf, and the Gulf of Oman.

So what's the key point?

Oil tankers have been attacked as Iran claims control over the strait in the Middle East. These attacks on ships could lead to instability in the oil supply.

Source Zero Hedge +2 · View original ↗

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