Hormuz attacks intensify as efforts to end war on Iran stall

What happened: Strikes around the Strait of Hormuz resumed as mediated efforts to end the US-Israel war on Iran remain deadlocked. The IRGC Navy said a crude oil supertanker hit a naval mine, and CENTCOM showed footage of a jet bombing a Panama-flagged cargo vessel in the Gulf of Oman. Key numbers: Kpler data cited by CNBC showed crude Why it matters: Ship attacks appear to have cut energy flows that had surpassed pre-war levels earlier in the month. Iran demands a return to a collapsed June memorandum and US backing of an Iran-Oman deal, with no breakthrough expected before the votes.

Escalating Hormuz attacks and stalled Iran war diplomacy signal heightened geopolitical risk.

Escalating Hormuz attacks and stalled Iran war diplomacy signal heightened geopolitical risk. — impact context not separately stored; see What changed.