A vessel traveling through the Strait of Hormuz was reportedly struck by a projectile on Sunday, according to information provided by the UK Maritime Trade Operations. The extent of the damage and the condition of those on board remain unconfirmed. This event follows a precautionary suspension of Saudi Arabia's East-West oil pipeline, which was shuttered after a drone strike attributed to Iranian-backed militias operating in Iraq. These consecutive security incidents have intensified international anxiety regarding the stability of energy transit routes. With Brent crude prices recently climbing past $100 per barrel, analysts fear that continued hostilities in the region could trigger further volatility in global oil markets and threaten the security of vital energy infrastructure.
Source : The Express Tribune
Photo : The Express Tribune
