Tanker attacks in the Strait of Hormuz have reached a wartime high as Iran attempts to restrict oil exports, creating high-risk conditions for the region.

Key facts

  • Tanker attacks in the Strait of Hormuz have surged to a wartime high.
  • Iran is attempting to choke off oil exports.

Why it matters

The escalating attacks are testing whether a recent rebound in crude oil exports from the Middle East can be sustained under high-risk conditions.


CNBC

Source: CNBC World News — Read original story