Vessel Struck by Unknown Projectile in Strait of Hormuz; Oil Price Risk Rises

A British authority reports a ship off southern Iran was hit by an unknown projectile, marking a potential escalation in maritime attacks near the Strait of Hormuz. The incident raises concerns about oil supply disruption, though the attacker and extent of damage remain unconfirmed. This follows a pattern of regional tanker harassment, but the specific target and motive are unclear.