Oil prices climb as Iran deploys new tactics to target ships transiting Hormuz
Middle East3 sources3 countries🔦 Under-reported32m ago
Oil prices climbed on Wednesday following an incident in the Strait of Hormuz in which two vessels were struck. The price increase coincided with reports that Iran is deploying new tactics to target ships transiting the vital waterway.
According to Iranian officials speaking to Reuters, the deployment of these new tactics is part of a deliberate strategy by Tehran. The objective is to keep global oil prices elevated and to exert influence on the United States midterm elections.
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Express Tribune (Karachi, Pakistan) (PK)Details Iranian motives linking vessel attacks to US midterm elections and higher prices
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