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Iran's ship attacks rise, yet oil keeps moving through Hormuz

Over 12 million barrels a day passed the strait in October, above last month's average, though 26 vessels have been struck since the month began.

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What happened

Oil flow through the Strait of Hormuz rose in October to more than 12 million barrels a day, above last month's average, analysts said, even as Iranian attacks surged. U.S. Central Command says the United States and its regional partners control the waterway, citing more than 40 commercial ships moving through it in the past 24 hours. Ship attacks have reached a new high.

Why it matters

Attacks on ships in the strait have reached a new high, even as traffic through the key waterway has grown. The U.S. military says it and its partners control the strait.

Timeline

  1. Oct 15, 1:48 PM ET: Analysts said more than 12 million barrels of oil were crossing the strait daily despite the rise in Iranian attacks.
  2. Oct 15, 2:33 PM ET: U.S. Central Command claimed control of the strait for the United States and its regional partners as ship attacks hit a new high.

Coverage

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