Concerns over the security of global energy supplies grew on Wednesday as attacks and threats against vessels continued in the Strait of Hormuz, alongside Iranian measures to strengthen monitoring of maritime traffic through the strategic waterway.
Recent reports suggest that security threats have affected oil tanker movements, while market participants are assessing the potential consequences for supply levels and crude prices. The Strait of Hormuz is one of the world’s key transit routes for oil and natural gas, making any prolonged disruption a major concern for international energy marke