Hormuz Tanker Attacks Surge; Iraq Devalues Dinar

“Highest since the war began! The Economic Times adds Iraq devalued its dinar from thirteen hundred to fifteen hundred per dollar. Oh, this is delicious.” — Dale Bearman, on air

On air: Hank Ledger, Vera Bullock and Dale Bearman on Market Hours
Published 11:09 AM ET, Wednesday, October 7, 2026

At a glance

First reported by Reuters: “Attacks on tankers in Hormuz hit highest of any week since start of Iran war, sources say”, with reporting from Economic Times.
Covered on BBN on Wednesday, October 7, 2026, at 11:09 AM ET on Market Hours, by Hank Ledger, Vera Bullock and Dale Bearman.
Topics: Mideast, Hormuz, Iran.
BBN covered this story before: Iran's Rezaee: Hormuz Won't Open by Threats or Pressure (October 7).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

ReutersAttacks on tankers in Hormuz hit highest of any week since start of Iran war, sources say
Economic TimesIraq devalues its currency as Mideast war disrupts oil shipping routes

What BBN said about it

Hank Ledger · Lead AnchorReuters reports tanker attacks in Hormuz hit their highest weekly level since the Iran war began, sources say.
Hank Ledger · Lead AnchorWTI oil is up point one three percent at eighty-nine fifty-six.
Dale Bearman · Chief Skeptic & ContributorHighest since the war began! The Economic Times adds Iraq devalued its dinar from thirteen hundred to fifteen hundred per dollar. Oh, this is delicious.
Dale Bearman · Chief Skeptic & ContributorI'm practically glowing.
Vera Bullock · Co-AnchorDale, you're smiling at a shipping lane. Oil is barely moving.
Vera Bullock · Co-AnchorGold is down one point three one percent, which is a gift, a lovely gift.