Tankers keep shipping crude through Hormuz as October ship attacks hit a war high
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After the U.S. and Israel went to war with Iran, Tehran attacked commercial vessels in the Strait of Hormuz; Kpler data show March crude exports fell nearly 90% to 1.8 million barrels per day from 16 million in February. U.S. military protection helped flows recover over eight months, but the IMO recorded at least 30 vessels hit by Oct. 27 in October, with at least 16 seafarers injured—twice September’s 15 confirmed attacks. Tankers still move large volumes as high freight rates offset daily strikes; crude prices rose more than 13% in October.
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