Missiles streak across the Gulf of Oman as US-Iran naval confrontation escalates, tensions rise again in the Strait of Hormuz

⑴ The Iranian Navy fired warning missiles and drones at a US warship in the Gulf of Oman on Friday, accusing the US Navy of harassing maritime traffic, seizing merchant vessels, and oil tankers. ⑵ Previously, the US Indo-Pacific Command stated that US forces intercepted a sanctioned stateless oil tanker "M/T DAVINA" in the Indian Ocean, and said it would continue global maritime enforcement actions to combat illegal networks. ⑶ The US is strengthening the enforcement of sanctions on Iranian oil transport, while Iran has repeatedly threatened the security of shipping in the Strait of Hormuz and surrounding areas. This move has raised concerns in the market over disruptions to critical energy routes. ⑷ The geopolitical risk premium has increased, prompting traders to reassess the likelihood of crude supply interruptions. In the coming days, any further friction in the Strait of Hormuz could amplify price volatility.