Hormuz shipping attacks escalate
Analysis based on 15 articles · First reported Jul 15, 2026 · Last updated Jul 15, 2026
The attacks threaten oil and Liquefied natural gas flows through the Strait of Hormuz, potentially spiking energy prices and disrupting global supply chains. Shipping companies face higher insurance costs and operational delays, while energy markets remain volatile.
Since July 7, 2026, a wave of Iranian attacks on vessels in the Strait of Hormuz has led shipping companies to avoid a U.S. military-guided transit scheme. Iran's Revolutionary Guards claimed responsibility for attacks on two Emirati oil supertankers, and five ships have been attacked in Omani waters. The U.S. reimposed a naval blockade on Iran-linked shipping, while Iran threatened to shut the Bab-el-Mandeb via Houthi allies. The U.S. Navy raised risk grading to 'severe', and Greek security firms Diaplous and Marisk advised pausing voyages. Despite President Trump declaring the strait open, shipping sources report safety concerns and lack of U.S. control.
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