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Iran's Oil-LPG Control: Bab-al-Mandeb and Hormuz Tensions Escalate, 9 Ships Attacked.
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News18•05-10-2026, 07:06
Iran's Oil-LPG Control: Bab-al-Mandeb and Hormuz Tensions Escalate, 9 Ships Attacked.
- •Multiple explosions reported near a tanker off Yemen's coast; crew safe.
- •Houthi rebels disrupting maritime traffic in the Strait of Bab al-Mandeb.
- •Iran launched anti-ship cruise missiles at US Navy escorted vessels in the Strait of Hormuz.
- •A tanker in the Strait of Hormuz reported an attack damaging its engine room; crew safe.
- •Iran controls routes for approximately 40% of the world's oil and gas, threatening global supply and prices.
Key Questions Answered
Iran directly or indirectly controls routes for approximately 40 percent of the world's oil and gas, as about 25 percent of the world's oil passes through the Strait of Hormuz and 12-15 percent passes through the Bab al-Mandeb Strait.
Multiple explosions were reported near a tanker 60 nautical miles south of Yemen's Mocha port, while in the Strait of Hormuz, Iran launched anti-ship cruise missiles from Qeshm Island toward US Navy-escorted vessels, damaging a tanker's engine room.
The recent spike in attacks—totaling 9 ships in the Strait of Hormuz over the last week—coincided with the situation following Iran's presentation of seven conditions to the United States that were ultimately not accepted.
