South Korea Probes HMM Namu Fire in Hormuz; Iran Denies Attack as Shipping Stalls

South Korea has launched a probe into an explosion and engine-room fire on the HMM Namu containership in the Strait of Hormuz, towed to Dubai with all 24 crew unharmed, amid US accusations against Iran. The incident follows May 4 Iranian drone strikes on UAE's empty ADNOC tanker Barakah (no injuries, 78 nm north Fujairah) and Fujairah Oil Complex (10M-barrel hub fire), surging Brent to ~$85/bbl and WTI to ~$81/bbl (+5%). On May 6, CMA CGM's San Antonio was hit, injuring 8—the 32nd war-related event—halting shipping through the 20% global oil chokepoint and dropping WTI 6.8% to ~$95/bbl.