US goes tanker-for-tanker with Iran
The US has struck Iranian state tankers under a new "tanker-for-tanker" retaliation policy, following attacks on commercial shipping near the Strait of Hormuz. A VLCC, the Senegal Prosperity, was hit by three projectiles and left abandoned and listing off Oman. The US also conducted strikes on IRGC targets on September 1.
Why it matters: This escalation reflects the theme of maritime security and the risks to global energy supply chains in the Strait of Hormuz.