US and Iran trade attacks on oil tankers
The US and Iran traded strikes on oil tankers over the weekend, intensifying pressure on energy flows through the Strait of Hormuz. The US struck Iranian tankers Saturday, and Iran targeted US-linked vessels and three oil tankers. OPEC+ kept its oil production quotas unchanged for October on Sunday.
Why it matters: This affects the theme of energy security, as attacks on tankers in the Strait of Hormuz threaten oil shipments and OPEC+ decisions.