Tanker struck by projectile in Strait of Hormuz amid persistent regional maritime insecurity

A tanker was hit by a projectile in the Strait of Hormuz, marking a continuation of maritime disruptions despite ongoing diplomatic mediation efforts by Pakistan. The incident underscores the failure of current de-escalation attempts between Iran and the United States to secure the chokepoint. Market participants remain largely indifferent to the recurring security risks, suggesting a disconnect between physical supply chain threats and asset pricing.