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Iran attacks on Hormuz shipping cut traffic and lift oil prices

Iran's Revolutionary Guard has threatened undersea internet cables in the waterway.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

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What happened

Ships are being hit around the Strait of Hormuz, with Iran's Revolutionary Guard claiming tankers struck mines in the waterway. The U.S. Central Command said the claims were false and that the international waterways had been cleared of mines. On Oct 20, the Guard warned of new targets, citing seven internet cables under the strait.

Why it matters

The attacks have pushed oil prices toward record levels, with Deutsche Bank saying they imply high prices deep into 2027. The official count of attacks is incomplete, according to the body that compiles it.

Timeline

  1. Oct 19, 3:34 AM ET: Britain's maritime security reporting centre, UKMTO, said attacks on shipping around the Strait of Hormuz had become too numerous to track fully.
  2. Oct 19, 2:07 PM ET: At least 15 container ships were attacked over 10 days, and shipping traffic through the strait fell by about 70%.
  3. Oct 19, 9:36 PM ET: Captain DeLeo of the USS George Washington said Iran's attempts to strike U.S. ships near the strait had failed.
  4. Oct 20, 1:17 AM ET: Iran's Revolutionary Guard cited seven internet cables under the strait and warned of new targets, with spokesman Hossein Mohebbi promising new weapons.
  5. Oct 20, 11:00 AM ET: U.S. Central Command called Iran's claims about tankers hitting sea mines false and said the waterways had been cleared.

Coverage

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