A second cargo vessel has reportedly sunk near the Strait of Hormuz, following a surge in Iranian attacks on shipping that marks the most aggressive escalation since the US-Israel conflict with Iran began. The escalating strikes appear calculated to disrupt global trade routes, with analysts suggesting Iran may be aiming to pressure the US by targeting the critical waterway. Concerns grow that the campaign could force fuel prices higher ahead of the upcoming US midterm elections, where energy costs remain a key political issue. The latest incidents highlight rising tensions in a region already strained by regional conflicts.
Second vessel also reportedly sinking as uptick in strikes suggests Iran trying to close waterway before US electionsA container ship has sunk near the strait of Hormuz and a second cargo vessel was reportedly sinking amid the sharpest uptick in Iranian attacks on shipping since the start of the US-Israel war with Iran.The surge of attacks suggests Iran is trying to fully close the strategic waterway in a deliberate attempt to frustrate Donald Trump’s efforts to bring down fuel prices before the US midterm elections on 3 November. Continue reading...