Hormuz ship attacks surge: Are increased oil exports sustainable?

Oil exports from the Gulf have resumed significantly in recent days, despite a surge in attacks on ships around the Strait of Hormuz, maritime experts and trackers say.Gulf oil flows, excluding Iran, recovered to more than 81 percent of pre-war levels in September, while crude exports from the wider Middle East exceeded pre-war levels on 14 days during the month, maritime intelligence firm Kpler reported.Recommended Stories list of 3 itemslist 1 of 3Is Iran charging a toll to allow oil traffic through Hormuz?list 2 of 3US pulls bombers from UK base: Is Iran manoeuvring Trump’s war plans?list 3 of 3Trump blames Democrats and Ukraine for soaring US fuel prices, not Iran warend of listHowever, the recovery has come as attacks on tankers increase and shipping companies face higher freight, insurance and security costs.On Tuesday, 12 crew members on a Panama-flagged tanker were injured in an attack by an unknown projectile while crossing the Strait of Hormuz, India’s Ministry of Foreign Affairs said in a statement.Before the US-Israel war on Iran began on February 28, the Strait of Hormuz typically handled about 125 large commercial vessels a day and shipments through it accounted for a...