UPDATE: Oil prices climb over 3% as vessels face attacks in the Strait of Hormuz. The surge follows reports of maritime security incidents in the critical energy transit corridor.

UPDATE: Analytics firm Vortexa reports 34 tanker movements involving Iran-linked vessels in the Gulf, including 10.7 million barrels of crude oil transported over the past week.

Analytics firm Vortexa recorded 34 movements of Iran-linked tankers in the Gulf between April 13 and Monday, including six voyages carrying 10.7 million barrels of Iranian crude.