World · Middle East · 2 hrs ago

Iran steps up attacks on ships in Strait of Hormuz

Iran steps up attacks on ships in Strait of Hormuz

Iran is using new tactics to target ships in and around the Strait of Hormuz, according to Iranian officials.

The waterway, between Iran and Oman, carried about a fifth of global oil and liquefied natural gas trade before the war.

Iran has restricted passage since the United States and Israel began strikes on Iran on February 28, while the United States has blockaded Iranian ports and tightened sanctions.

Ship attacks have surged, with recent strikes hitting a container ship and a tanker, and tracking data showing repeated incidents in recent days.

Iran says it is targeting vessels it considers to have broken its restrictions, and officials say the strategy is intended to keep oil prices high and influence the US midterm elections.

Oil prices have risen, while shipping and insurance costs and reduced traffic add to concerns about global energy supplies.

The sources report no next step beyond continued pressure and a threat of further disruption to shipping.

4 sources

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What people are saying

Iranian officialSenior Iranian official
The aim is to frustrate efforts by the United States and its allies to bring down global oil prices.
via Straits Times
Priyanka SachdevaHead of market insights at Phillip Nova
The fact that Iranian officials are openly admitting to undermining U.S. efforts to keep oil prices under control speaks volumes about the real intentions behind the so-called ‘peace talks,’
via Globe and Mail
Chris FeatherstonePolitical scientist at the University of York
the increased attacks and their impact on energy flows demonstrate the fragility of the strait as a key pathway for oil exports.
via Al Jazeera