Oil up as Iran Deploys New Tactics to Target Hormuz Ships
UKMTO said an investigation is underway after the strikes, while oil prices climbed and Iran said it had begun using new tactics against ships.
- On Wednesday, a tanker and a container ship were hit by projectiles of unknown origin in the Strait of Hormuz, the United Kingdom Maritime Trade Operations reported.
- Iran has maintained a blockade of the strategic waterway since the start of the regional conflict, repeatedly warning vessels against transiting the strait without its approval.
- The Revolutionary Guard Corps navy stated Wednesday that a cargo ship sank after hitting a naval mine, claiming the vessel traveled on an "unauthorised and dangerous route."
- Global oil prices climbed Wednesday as supply concerns intensified, with analysts projecting West Texas Intermediate to trade between $90 and $100 a barrel.
- Market strategist Hiroyuki Kikukawa, chief strategist at Nissan Securities Investment, said "supply concern stemming from conflict between the Houthis and Saudi Arabia" is driving prices higher, though Russian diesel exports could moderate movement.
101 Articles
101 Articles
IRGC Claims Container Ship Sank Near Hormuz After Mine Strike
Iran's Revolutionary Guard Navy says a vessel carrying more than 2,500 containers went down in the southern Strait of Hormuz after hitting a naval mine and catching fire. The claim is spreading fast through state-linked outlets and regional news wires.
Tehran, Oct. 14 (EFE).- At least three people were injured this Wednesday in an "unidentified" drone attack on a fishing vessel in the province of Hormozgan, in southern Iran, the provincial government reported. The attack took place this morning in a fishing area in the town of Sirik, nearby [...] The Iran entrance claims that a container carrier sank in Ormuz after colliding with a mine was first published in HolaNews.
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Iran says a ship sank after striking a mine in Strait of Hormuz, and other Middle East developments
Iran says a cargo ship has sunk after hitting a naval mine in the Strait of Hormuz, with few immediate details. It's the first time Iran has reported a ship sinking after hitting a mine during the war. Also Wednesday,…
Nosher Haza al-Maqal is all about CedarNews.net. Almeida is a member of the House of Representatives of the United States of America. It is believed to have happened after hitting a naval mine, Iran's Revolutionary Guard said. A cargo ship has reportedly sunk south of the Strait of Hormuz, between Iran and Oman. It. The theme of the publication is published by Cedarnews. For the first time, the official position of the Supreme Court of the Repub…
The ship is said to have attempted to sail through a route described as "dangerous".
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