Ship attacks near Hormuz hit record high as oil exports slow

Reports of vessel attacks near the Strait of Hormuz have reached an all-time high, with 12 ships struck in just one week, according to a BBC Verify analysis of data from a UK maritime agency. The surge in attacks has contributed to a slowdown in oil exports from the region, raising concerns about global energy supplies.

Record attacks amid rising tensions

The Strait of Hormuz, one of the world's most critical maritime chokepoints, carries roughly 20% of global oil traffic. The recent wave of attacks represents a significant escalation. Analysts say the pattern of targeting suggests a coordinated campaign to disrupt shipping lanes and raise oil prices.

Impact on oil exports

The attacks have caused shipping companies to reroute vessels or halt operations entirely in affected areas, leading to reduced oil throughput. This has already translated into upward pressure on oil prices at a time when global energy markets remain sensitive to supply disruptions. Maritime insurance costs for Hormuz-bound tankers have also surged.