Global Energy And Conflict News

Iran's Hormuz Attacks Resurge as U.S. Admits Targeting Precision Improves

Iran has resumed aggressive attacks on oil tankers in the Strait of Hormuz, striking seven vessels since September 28. A U.S. official acknowledged that Iran's targeting capabilities have improved, undermining recent claims of American control over the strait. This resurgence threatens to slow oil exports and keep global fuel prices elevated, with Brent crude remaining above $100 per barrel.