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Macro Finance

Rare Speedboat Attack in Hormuz Ignites Tanker’s Engine Room

Bloomberg Markets·October 30, 2026·1 min read

Explosives attached to a tanker's exterior by fighters in a speedboat damaged the vessel's engine in the Strait of Hormuz, marking the first attack of its kind in the current conflict. This tactic has been used before by Iran against commercial shipping, raising concerns about maritime security in the crucial oil shipping lane.

Read at Bloomberg Markets
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