#HormuzTankerAttacks

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About HormuzTankerAttacks

Repeated tanker attacks in and around the Strait of Hormuz are raising shipping risks and costs. Qatar said on Oct 6 that its mediation between the US and Iran continues, while Iran maintains that threats or pressure will not prompt it to reopen the strait. Saudi Arabia’s East-West pipeline is pumping about 5.8 million barrels a day, providing an alternative route that helps ease supply pressure.