Oil Rises Amid Reported Vessel Attacks in Strait of Hormuz
Oil rose in early Asian trade amid reports of attacks on vessels in the Strait of Hormuz. ANZ Research analysts cited Iran’s Islamic Revolutionary Guard Corps as saying two oil tankers struck mines in the strait.
Oil prices climbed in early Asian trading amid reported attacks on vessels in the Strait of Hormuz, a major route for oil shipments. ANZ Research analysts said in a report that Iran's Islamic Revolutionary Guard Corps claimed “two non-compliant” oil tankers had struck mines in the strait. The report added that “At least 18 vessels have been…”