Was October The Peak Of Hormuz Ship Attacks?
Summary
Was October The Peak Of Hormuz Ship Attacks? A renewed diplomatic push between the Trump administration and Tehran ahead of the US midterms sent Brent and WTI futures spiraling lower yesterday. The selloff comes despite a record number of commercial ship attacks in the Gulf waters during October . Rather than choking off crude shipments through Hormuz, Iran's repeated attacks on tankers and cargo ships did quite the opposite, suggesting Tehran's leverage in the maritime chokepoint has somewhat eroded . UniCredit investment strategist Tobias Keller shared a chart with clients earlier today…
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Was October The Peak Of Hormuz Ship Attacks?
Was October The Peak Of Hormuz Ship Attacks? A renewed diplomatic push between the Trump administration and Tehran ahead of the US midterms sent Brent and WTI futures spiraling lower yesterday. The selloff comes despite a record number of commercial ship attacks in the Gulf...
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