Oil Still Flows Through Strait of Hormuz Despite Rising Ship Attacks

Shipping companies continue to send tankers through the Strait of Hormuz, a narrow waterway between the Persian Gulf and the Gulf of Oman. The strait is a key route for global oil shipments. But the journey is becoming more dangerous. Attacks on ships in the area have increased, raising the risk for crews and cargo. The threat has pushed transportation costs sharply higher. Shipping operators now face much higher insurance and security expenses. Despite these dangers, oil continues to move through the strait. Operators appear willing to accept the risks because the route remains essential for global energy supplies.