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Iranian Ship Attacks Threaten Middle East Oil Exports as Tanker Traffic Slows

A surge in Iranian drone attacks on commercial ships appears to be weighing on Middle Eastern energy exports through the Strait of Hormuz, with 24 attacks reported so far this month.

  • 24 Iranian drone strikes on commercial ships in Strait of Hormuz this month
  • At least 2 Emirati container ships sunk in latest attacks
  • Crude and petroleum flows exit Gulf of Oman at 9.1 million barrels/day

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