Taiwan Ship Hit By Unknown Object Near Oman Before Crossing Hormuz Strait

After an initial inspection by the crew, damage was found around the bridge windows. But the crew, vessel and cargo are all safe.

How Resilient?

How Resilient? By Bas van Geffen, senior macro strategist at Rabobank A cargo ship was hit by an unknown object near the coast of Oman yesterday. The vessel took some damage, but the company reported that “crew, vessel, and cargo are all safe.” The ship has since left the strait, and tankers continue to transit. Still, these attacks force a rethink about the safety of the Strait of Hormuz, just as shipping from the Gulf region was starting to pick up again. The International Mar...

By Tyler Durden