Strait of Hormuz Attacks Drive Oil Price Risks as Shipping Security Threatens Regional Energy Flows
LONDON, 14 October 2026 — Oil prices edged higher on Wednesday after two vessels were struck in the Strait of Hormuz, while reports that Iran was adopting new tactics against shipping heightened concerns over the security of a critical international energy corridor. The developments have renewed attention on the vulnerability of oil supplies to escalating conflict in the Middle East.
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