Tankers Burn in Hormuz — So Why Did Oil Fall 9%?

Tankers are burning in the Strait of Hormuz — yet oil fell 9%. Iran claims five tankers hit mines, but UKMTO has only confirmed two incidents. The paradox shows the real price of oil is not in the burning ship, but in the war-risk insurance premium charged for transiting the strait.

The full in-depth analysis from Project 28 is coming soon on Military Focus.

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