On the 4th May, a Chinese oil tanker was attack in the Strait on Hormuz, Caixin reports

The attack on a Chinese oil tanker in the Strait of Hormuz highlights rising tensions in a crucial oil transport route, which could lead to supply disruptions. Given the significance of this region for global energy markets, traders should monitor potential impacts on oil prices, particularly WTI, and consider implications for geopolitical risk premiums across commodities. This situation could also affect broader market sentiment towards risk assets.