LNG Tanker 'Al Rekayyat' at Risk of Exploding After Attack Near Hormuz
Iranian missile/drone attacks struck a Qatari LNG tanker (Al Rekayyat) and a Saudi supertanker (Wedyan) near the Strait of Hormuz, with a third LPG vessel (Al Maryah) diverted by Iranian forces, causing ship traffic through the strait to drop from 25 to 7 vessels and driving crude tanker rates to nearly $300,000/day. The incidents highlight persistent and severe disruption risks to shipping through the Strait of Hormuz, with daily transits still well below the pre-conflict average of 125 ships.