EnergyHighReportedAccelerating
7.5
Iran's Hormuz leverage erodes as Gulf crude flows bypass strait
OilPrice.com·IR · AE · SA·2 days ago
Omani civilians report nightly drone activity, explosions, and burning vessels in the Strait of Hormuz, indicating ongoing attacks on shipping. The situation reflects sustained conflict in the area, with attacks continuing despite any diplomatic efforts. This highlights the persistent threat to global energy transit through the strait.
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