Singapore Ship Sunk in Strait of Hormuz; Oil Flow Remains High

• A Singapore ship was sunk in the Strait of Hormuz, but other Singapore vessels are continuing to navigate the area.
• Over 12 million barrels of oil are crossing through the Strait of Hormuz every day in October.
• Despite the attacks, maritime experts say Singapore vessels are set to continue navigating the Strait of Hormuz.
• The oil flow through the Strait of Hormuz is higher than last month's average, according to analysts.
• The attacks are reportedly coming from Iran.