Tanker attack in Strait of Hormuz deepens global energy crisis
Photo — İrfan Simsar / Pexels
A tanker attack in the Strait of Hormuz has intensified fears over energy supplies and helped push Brent crude to $117.64 a barrel, with the benchmark gaining 13.6% in October. The incident comes as Iran war risks unsettle markets and raise concern about disruption to one of the world’s most important oil routes.