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Oil Ships Attacked Again in Strait of Hormuz

Original: oil

Attacks on commercial vessels have resurged in the Strait of Hormuz, the chokepoint that carries a large share of the world's oil, according to the Wall Street Journal, which notes tanker traffic had been flowing steadily through the waterway before the latest incidents. The renewed attacks raise fresh concerns about shipping safety, insurance costs and the security of global oil supplies.

Why now: Renewed attacks on ships in a critical oil transit route have stoked concerns about energy supply and shipping security.

Strait of HormuzWall Street Journal

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