Recently, the US Chief Central Command Gen. Kenneth McKenzie stated that there is still a possibility for the Iranian government to attack another Saudi oil tanker. He would later state that the United States cannot discount Iran. McKenzie referred to the drone and missile attacks on the Saudi oil field that took out nearly 5.7 million bpd of production. Following the attacks, insurance rates for oil tankers carrying Middle Eastern oil shot up, increasing shipping costs.

The United States has numerous security implications with this scenario unfolding. The United States and its ally, the United Kingdom made a coalition to protect tankers in the Gulf. The goal for both these nations is to ensure that oil tankers have no interference while passing through the Strait of Hormuz.


Theo S.