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The waters of the Strait of Hormuz are facing increasing threats due to incidents of cargo ships sinking following attacks of unknown origin. The vessel "GFS Pride" was attacked, resulting in a fire and its subsequent sinking, while a shell sank the ship "Cape Dour," leading to the death of one crew member. The attacks have been escalating since September, disrupting oil shipments and causing global price hikes, while also increasing the risks to maritime security in the region. Data indicates a significant downturn in shipping activity and oil transit through the strait, amidst ongoing Iranian escalation and U.S. sanctions on Iran, reflecting heightened tensions and their impact on the global economy.
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