Tanker attacks in Strait of Hormuz surge to wartime high as Iran tries to choke off oil exports
The escalating attacks are testing whether a rebound in crude oil exports from the Middle East can be sustained under high risk conditions.
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Oil prices jump after tanker attack near Qatar
An attack on an oil tanker near Qatar deep inside the Persian Gulf raised fears of wider shipping disruption in and around the Strait of Hormuz. Brent crude rose about 5% to more than $105 a barrel as traders weighed the risk to flows.