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Iran-Linked Attacks Disrupt Shipping And Cut Oil Flows Through Hormuz

The UK Maritime Trade Operations agency has recorded nine attacks in or near the strait since Monday.

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Two cargo ships have sunk near the Strait of Hormuz following separate projectile strikes, highlighting growing risks to international shipping as attacks in the region intensify, according to CNN.

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The Singapore-registered GFS Pride caught fire and sank after being hit on Tuesday. Its entire crew was evacuated safely. The Antigua and Barbuda-registered Cape Dao also sank, with the International Maritime Organization reporting one Indian crew member killed.

The UK Maritime Trade Operations agency has recorded nine attacks in or near the strait since Monday. Meanwhile, oil shipments through the strategic waterway have plunged. Kpler data showed just 4.147 million barrels crossed on Monday, less than a quarter of pre-war levels.

The attacks come as Iran seeks to regain leverage over the route amid a US blockade of Iranian ports. Falling oil flows threaten global energy supplies and could add pressure on fuel prices ahead of America’s November midterm elections.

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