Ship attack reports near Hormuz reach record high as oil exports slow
BBC Verify analysis of data from a UK maritime agency shows 12 vessels were struck in a week.
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BBC Verify analysis of data from a UK maritime agency shows 12 vessels were struck in a week.
Saudi Arabiaโs fiscal buffers and backup oil-export facilities are helping curb the damage to the Middle Eastโs largest economy from the Iran war, according to the International Monetary Fund.
Iran's oil exports have struggled amid a US blockade. A Russian energy crisis because of Ukrainian attacks could help.
Gulf oil flows surge despite escalating ship attacks in the critical Strait of Hormuz energy corridor.