US and Iran trade strikes as Strait of Hormuz escalation disrupts shipping

  • The US struck three Iranian vessels while Iran targeted three oil tankers, three US-linked vessels and US warships near the Strait of Hormuz.
  • Brent crude closed Friday at $96.28 a barrel, compared with roughly $70 before the war, while US diesel reached a record $5.85 a gallon.
  • Kpler recorded five to 11 daily crossings during the latest three-day period, below the 10-day average of 13, as attacks and warnings deterred shipping.

The United States and Iran exchanged attacks at sea as Washington struck three Iranian vessels and Tehran targeted three oil tankers, three United States-linked vessels and US warships near the Strait of Hormuz. US Central Command, or CENTCOM, said one tanker was hit off Kharg Island, another near Jask and an unladen vessel in the Gulf of Oman after its crew was told to abandon ship. Iran’s Islamic Revolutionary Guard Corps, or IRGC, said it launched several ballistic missiles at a US aircraft carrier and destroyer, which CENTCOM said evaded the attacks without US casualties. Iran described the US actions as a blockade and warned vessels against unauthorized routes, while Washington said the strait remained open and that 17 million barrels of crude had recently crossed it. Kpler data showed only five, 11 and six vessels crossed on the latest three days, versus a 10-day average of 13. At least 23 ships were hit in July and August, traffic remains below prewar levels, and energy and insurance costs have risen.

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US and Iran trade strikes as Strait of Hormuz escalation disrupts shipping - CoinPost Terminal