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Iran reportedly changes tactics to step up ship attacks in the Strait of Hormuz

An October 14 post citing Reuters reports nearly 20 commercial ships, mostly tankers, attacked near Hormuz in the preceding month.

Javier BlasJB
unusual_whalesUN
2 Sources, 2h ago, first seen 2h ago

TLDR

An October 14 post citing Reuters says Iran is changing tactics to step up attacks on ships in the Strait of Hormuz, aiming to keep oil prices high ahead of the November 3 US midterms. It says nearly 20 commercial ships, mostly tankers, were attacked in and around the strait in the preceding month.

Combined views

67.2K

2 Sources, first seen 2h ago

524 likes53 comments52 saves85 reposts

Combined views

67.2K

2 Sources, first seen 2h ago

524 likes53 comments52 saves85 reposts
Image: @JavierBlas on X

Sentiment

Positive19.8%80.2%Negative

Summary

Replies largely attacked analysts for repeating stories on resilient Middle East oil flows despite Iranian attacks or for downplaying Strait of Hormuz risks, while positive accounts praised the analysis as balanced and useful.

Based on 31 sentiment-bearing replies from 31 accounts across 2 conversations.

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Sentiment

Positive19.8%80.2%Negative

Summary

Replies largely attacked analysts for repeating stories on resilient Middle East oil flows despite Iranian attacks or for downplaying Strait of Hormuz risks, while positive accounts praised the analysis as balanced and useful.

Based on 31 sentiment-bearing replies from 31 accounts across 2 conversations.

2 Sources

Javier Blas@JavierBlasMIDDLE EAST OIL FLOWS: Despite a wave of Iranian attacks since the beginning of October, total Middle Eastern crude oil flows (ex-Iran) remain resilient. Flows are becoming, however, lumpier (days of multiple tanker crossings followed by days of very few tankers). Overall, Middle East (ex-Iran) crude flows, including Strait of Hormuz plus all the bypass routes, are holding at ~75% of pre-war levels, down from a ~95% *peak* in the last days of September. Crucially, despite the drop in recent days, the Oct 1-Oct 10 period average remains above Sep full month average (and well above full month August). Kuwait is struggling the most right now. UAE, Iraq and KSA (the last one using both Persian Gulf and Red Sea) are doing relatively well. All said, the risk is to the downside if the Iranian attacks continue (and if they become more successful). Iran has sunk at least one container ship in the SoH over the last 24 hours. The same goes for Red Sea flows under Houthi / Iraq militias potential attacks. For Iran itself, Hormuz remains closed. One key indicator to follow: despite the Iranian attacks against SoH traffic, the physical premium for Middle Eastern crude has come down significantly in recent days, touching today a near 2½-month low.2h
unusual_whales@unusual_whalesIran is changing tactics to step up attacks on ships in the Strait of Hormuz, aiming to keep oil prices high ahead of the Nov. 3 U.S. midterm elections, per Reuters. Nearly 20 commercial ships, mostly tankers, have been attacked in the past month in and around the strait.1h
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    2 Sources

    Javier Blas@JavierBlasMIDDLE EAST OIL FLOWS: Despite a wave of Iranian attacks since the beginning of October, total Middle Eastern crude oil flows (ex-Iran) remain resilient. Flows are becoming, however, lumpier (days of multiple tanker crossings followed by days of very few tankers). Overall, Middle East (ex-Iran) crude flows, including Strait of Hormuz plus all the bypass routes, are holding at ~75% of pre-war levels, down from a ~95% *peak* in the last days of September. Crucially, despite the drop in recent days, the Oct 1-Oct 10 period average remains above Sep full month average (and well above full month August). Kuwait is struggling the most right now. UAE, Iraq and KSA (the last one using both Persian Gulf and Red Sea) are doing relatively well. All said, the risk is to the downside if the Iranian attacks continue (and if they become more successful). Iran has sunk at least one container ship in the SoH over the last 24 hours. The same goes for Red Sea flows under Houthi / Iraq militias potential attacks. For Iran itself, Hormuz remains closed. One key indicator to follow: despite the Iranian attacks against SoH traffic, the physical premium for Middle Eastern crude has come down significantly in recent days, touching today a near 2½-month low.2h
    unusual_whales@unusual_whalesIran is changing tactics to step up attacks on ships in the Strait of Hormuz, aiming to keep oil prices high ahead of the Nov. 3 U.S. midterm elections, per Reuters. Nearly 20 commercial ships, mostly tankers, have been attacked in the past month in and around the strait.1h
    Today's Rank

    #18

    Today's Rank

    #18