Attacks on Hormuz shipping at wartime high, report says

Attacks on shipping in the Strait of Hormuz have reached a wartime high, according to a recent report. Iranian missile and drone assaults on vessels in and around the strategic waterway have intensified significantly over the past two weeks, reaching their most severe level since the US-Israeli strikes commenced seven months ago, as reported by the Financial Times.

The highest level of attacks was observed during the first two weeks of March, when 13 ships were targeted, according to the report, which referenced data from the UK Maritime Trade Operations (UKMTO) - an agency responsible for monitoring marine security in the region. Shipowners are now reconsidering the transportation of cargoes through the region due to the heightened threat.

On Sunday alone, six vessels were attacked, marking it as the deadliest day of attacks on shipping near the strait since the conflict began, according to calculations made by the Financial Times. The report also revealed that oil shipments through Hormuz have plummeted to a mere 2.9 million barrels on 11 October, representing the lowest daily volume this month, as per Kpler.