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Iran’s Attack on Oil Tanker in Strait of Hormuz Sparks Global Concern

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Iran has attacked an oil tanker, Skylight, in the Strait of Hormuz, a critical maritime route for global oil supplies. The attack, reportedly involving drones or precision munitions, injured four crew members, including 15 Indian nationals, and has led to a significant escalation in tensions between Iran and Western nations. The Strait of Hormuz is a vital chokepoint, handling around 20% of global oil and a substantial portion of liquefied natural gas (LNG) shipments, making the incident a major concern for global energy markets.

The attack follows Iran’s warning that it would block the Strait of Hormuz in response to US-Israeli strikes, and the country’s Revolutionary Guard has threatened to target any ships attempting to pass through. The incident has led to a surge in oil prices, with Brent crude futures hitting a 52-week high, and has raised fears of a prolonged disruption to global oil supplies.

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