UKMTO Reports Security Incident in Strait of Hormuz, Crew Safe
💥 HORMUZ — UKMTO "security incident" is the phrase used when nobody's ready to say strike yet. 📌 LOOK CLOSER: UKMTO incident reports in active conflict zones almost always precede full attribution. "All crew safe" narrows it — vessel likely boarded, fired upon, or intercepted. With transits at 4 daily and 104 vessels already diverted, any new kinetic contact resets insurance pricing immediately. Timing — as oil dipped on ceasefire sentiment — is the market's worst scenario.
