The United Kingdom Maritime Trade Operations (UKMTO) stated on Tuesday that a tanker came under fire from three projectiles while departing the Strait of Hormuz, according to Reuters.
The event occurred 17 nautical miles east of Khasab, Oman. Fortunately, no casualties or environmental damage were reported.
Market Response
At the time of reporting, West Texas Intermediate (WTI) crude oil had risen 3.22% for the day, trading at $85.44.
Also Read
- Analyst Ryan Lee Breaks Down Bitcoin’s Q4 Trajectory and Price Scenarios
- XRP Breaks Resistance as $105 Million ETF Inflow Fuels Bullish Momentum
- Australian Dollar Stays Flat as Oil Price Surge and Hawkish Fed Bets Temper Market Sentiment
- Texas Halts State Funding for Flock Surveillance Amid Privacy Backlash