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Maritime attacks near Strait of Hormuz reach record levels

Oil

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  • USO

    WTI proxy (USO)

    161.76

    +2.83%

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Reports of vessel attacks near the Strait of Hormuz have reached a record high, with 12 ships struck in a single week. Data analyzed by BBC Verify from a UK maritime agency confirms the surge in incidents. The increased frequency of these attacks has coincided with a slowdown in regional oil exports. Monitor shipping insurance premiums and regional oil export volumes for further signs of supply chain disruption.

Source: BBC Business

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