U S Confirms Iranian Attack on U S Navy Destroyers in Strait of Hormuz

Attack on U.S. destroyers in Strait of Hormuz escalates geopolitical risk for oil and LNG transit. The strait is a chokepoint for ~20% of global oil and significant LNG flows. Disruption to commercial traffic creates immediate supply shortage risk for crude and gas, pushing up spot prices and insurance premiums. Impact is global but most acute for Asian and European importers reliant on Middle East supply. Channel: supply_shortage + logistics. Winners: non-Middle East producers (U.S. shale, North Sea). Losers: refiners and importers with high exposure to Gulf crude.