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“Earlier this month, UKMTO said in a report that October is already the busiest month for reported attacks on shipping in the Strait of Hormuz since March, in the opening months of the Iran war.”

“Oil exports from the Gulf have resumed significantly in recent days, despite a surge in attacks on ships around the Strait of Hormuz, maritime experts and trackers say.”

“Iraq’s state-owned Oil Tanker Company and some refiners have chartered tankers to load Basrah crude inside the strait after Baghdad secured Iranian permission in August for Iraqi oil tankers to pass through Hormuz.”

“Middle East oil exports have climbed back above levels seen before the US-Israel war on Iran began in February, despite Tehran’s attempts to blockade the Strait of Hormuz and attack vessels.”

“Oil tanker captains in the Persian Gulf are being paid up to $US100,000 (about $143,000) a month to navigate the Strait of Hormuz, industry insiders and maritime unions say, as Iran and the United States continue to impose separate blockades of the critical…”

“Oil exports from the Middle East rose above pre-war levels at the end of last month despite ongoing attacks on tankers in the Strait of Hormuz.”

“Pipeline backups were ready Iran began attacking ships in the Strait of Hormuz in response to the U.S.-Israeli bombardment that started the war.”

“Log in When Iran shut down the Strait of Hormuz at the start of the war, choking off sea passage for some 15 million barrels of oil a day, many feared that prices would skyrocket, cratering the world economy.”

“Oil supply has also taken a hit, not only from the slowdown in tanker traffic in the Strait of Hormuz, but the Houthi rebel attack on the so-called East-West pipeline in Saudi Arabia, which has been a key alternative for oil exports.”

“The limited traffic there dropped this week as fighting intensified between Saudi Arabia and Iran-backed Houthi rebels in Yemen, and only a single ship exited the strait Wednesday, according to Reuters, which identified the vessel as an oil tanker that used a…”

“… Donald Trump and Israel have drawn up plans to unleash new attacks on Iran once the midterm elections are over An oil tanker burns after being hit by an Iranian strike in the ship-to-ship transfer zone at Khor al-Zubair port near Basra, Iraq, late Wednesday,…”

“The situation in the Middle East has also complicated global diesel supplies as Iran has ramped up its attacks on tankers in the Strait of Hormuz after crude exports recovered to near pre-war levels last month.”

“Why are gas prices still high even as traffic improves in the Strait of Hormuz?”

“Oil prices initially climbed on Wednesday following a warning that Iran appeared to be stepping up attacks on tankers in the Strait of Hormuz, before closing lower after International Energy Agency (IEA) member states said they were ready to release more…”

“According to the latest data from tanker-tracker websites, traffic through the key waterway has been steadily increasing, with some estimates putting oil and petroleum flow through the Strait of Hormuz at nearly 80 percent of what it was before the US-Israeli…”

“Oil meanwhile stormed back to US$107 a barrel as traders tried to decipher a daily barrage of contradictory headlines surrounding Iran, the Strait of Hormuz and fresh Houthi attacks on Saudi targets.”

“Ship-to-ship transfers in the Gulf of Oman for West Asian oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said.”

“Oil rises slightly ahead of potential US-Iran talks AI generated NEW YORK – Oil prices gained for the first time in five sessions on Sept 22 as investors awaited developments on potential US-Iran talks at the United Nations General Assembly this week after…”

“The pro-Iran Houthis in Yemen can smell weakness and have closed the trap by seizing the lower coastline of the Red Sea and all but blocking the Bab el-Mandeb Strait to Saudi tankers.”

“Ships and tankers belonging to major transport companies are unwilling to enter the Strait of Hormuz because of the threat of attacks from either Iran or the US.”

“But Wall Street, which has spent most of the Iran war feeling decidedly bearish about oil prices, is clearly getting anxious about the latest round of mutual tanker attacks.”

“Earlier this summer, as the missile exchanges in the Gulf died down and Trump signalled that peace was on the way, the price of oil began to fall from the $100-plus US range it hit in response to the initial U.S.-Israeli attack on Iran, and Iran's closure of…”

“The warning comes after a number of attacks on vessels in the Red Sea, an alternative waterway that some tankers had been using since Iran blocked the Strait of Hormuz.”