'Iran Says It Will Take Action Against Sinokor Ships in Hormuz' - Bloomberg
https://www.bloomberg.com/news/articles/2026-10-27/iran-says-it-will-take-action-against-sinokor-ships-in-hormuz
Iran said it will target ships owned by a South Korean company in the Strait of Hormuz, which is a major oil shipping route. When there is tension near important shipping areas, oil prices sometimes rise because people worry about supply getting disrupted.
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