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VOL. I·NO. 01
SUNDAY, OCTOBER 11, 2026
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  1. 001CNBCOCT · 09English

    Tanker attacks in Strait of Hormuz surge to wartime high as Iran tries to choke off oil exports

    Iran has escalated attacks on oil tankers in the Strait of Hormuz to wartime highs, with eleven strikes in one week and five more the following week, injuring sailors and threatening the sustainability of Middle East crude exports. The attacks aim to block oil shipments and assert Iranian control over key transit lanes, though U.S. military escorts have enabled some exports to resume at significantly elevated risk levels.