Security
Two Ships Sink Near Strait of Hormuz Amid Surge in Attacks
Reuters · 1 hour ago · Read the Full Story on Reuters

AI SUMMARY
A container ship and a dry bulk carrier have sunk near the Strait of Hormuz following a surge in projectile attacks by Iran.
- A container ship and a dry bulk carrier sank near the Strait of Hormuz over a 24-hour period after being struck by projectiles.
- Attacks around the waterway have surged over the preceding 10 days as Iran responds to US port blockades and tougher sanctions.
- The Singapore-flagged container vessel GFS Pride sank in the strait, with all 21 crew members safely evacuated and no injuries reported.
- The Antigua and Barbuda-flagged Cape Dao sank near the strait after being struck by a projectile on September 23, resulting in one crew member's death.
- GFS Pride and Cape Dao are the second and third vessels to sink since the US-Iran war began on February 28.
- About a fifth of global oil and liquefied natural gas trade passed through the Strait of Hormuz before the war.
- Tehran has restricted transit in the waterway to gain leverage over Washington and keep oil prices elevated.
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