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Iran escalates Hormuz attacks; oil flows crash as shipping risks spike
Al Jazeera·IR · AE · SA·1 day ago
President Trump signals an imminent US decision on Iran, while a White House official denies reports of an attack before midterms. A ship was reportedly hit in the Strait of Hormuz, escalating tensions. The situation is fluid with conflicting signals from US officials.
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Iran has significantly escalated attacks in the Strait of Hormuz, sinking two merchant vessels (Singapore-flagged containership GFS Pride and merchant vessel Cape Dao) and increasing drone attacks. This escalation is reportedly aimed at influencing global oil prices ahead of US midterm elections and pressuring the US to accept Iranian demands. The extent of casualties and the full scope of damage remain unconfirmed.