WS #15870
The Strait of Hormuz has become the primary flashpoint for global supply chain risk, with 24 vessels attacked in the last two weeks and at least one sinking confirmed. This escalation directly threatens the recent rebound in Gulf oil production, creating a dual threat of physical supply disruption and soaring insurance premiums. The violence has also spilled into the Black Sea, where a drone strike on a Bulgarian vessel caused an oil spill, indicating that maritime chokepoints are under active, coordinated assault.
Hormuz Supply Shock
The Strait of Hormuz has become the primary flashpoint for global supply chain risk, with 24 vessels attacked in the last two weeks and at least one sinking confirmed. This escalation directly threatens the recent rebound in Gulf oil production, creating a dual threat of physical supply disruption and soaring insurance premiums. The violence has also spilled into the Black Sea, where a drone strike on a Bulgarian vessel caused an oil spill, indicating that maritime chokepoints are under active, coordinated assault.