Two container ships have sunk near the Strait of Hormuz after being struck by missiles, as Iran increases attacks on shipping ahead of the US midterm elections.
The vessels were hit by missiles amid the sharpest rise in Iranian attacks on shipping since the start of the US-Israel war with Iran. The increase in attacks suggests Iran is attempting to fully close the strategic waterway to frustrate efforts to bring down fuel prices before the US midterm elections on 3 November.
The Singapore-flagged container ship GFS Pride sank on Wednesday after an attack the previous day. The Antigua- and Barbuda-flagged Cape Dao sank close to the strait having been hit by a projectile on 23 September, according to data from the International Maritime Organization. UK Maritime Trade Operations reported at least five incidents, including drone strikes, in the previous 48 hours targeting tankers and other commercial ships around the Hormuz area.
Why it matters
The surge in attacks affects global oil shipments and may impact US midterm election outcomes.
This section reflects Dumpling editorial interpretation and is provided for context only.
What to watch
The US midterm elections on 3 November and potential changes in oil shipment patterns through the Strait of Hormuz.
This section reflects Dumpling editorial interpretation and is provided for context only.