Recent weeks have seen an escalation of tensions in the Strait of Hormuz, with multiple reports of Iranian missiles targeting vessels, including an ADNOC tanker from the UAE, amidst ongoing diplomatic discussions for reopening the strait. The UAE confirmed an attack on one of its ships, contributing to a wave of assaults on maritime traffic in the region, which has led to increased concerns about oil supply disruptions. As the situation remains volatile, with claims of new strikes and ongoing talks involving Iran and Oman, experts warn that the threats to tankers are currently among the worst seen in recent times. Shipping traffic has responded with notable decreases as fears of further violence loom over the key maritime route.