Oil prices surge after US reports tankers attacked

Oil prices surge after US reports tankers attacked

Oil prices soared Thursday after the US Navy reported two tankers had been attacked in the Gulf of Oman, fanning geopolitical concerns in the crude-rich region. Both main contracts jumped about three percent after the Navy said its vessels had received distress calls following a “reported attack on tankers”, while a merchant shipping information service run by Britain’s Royal Navy reported an “incident”. The news follows the sabotage of four ships in the strategically crucial Gulf last month with the United States saying Iranian naval mines were “almost certainly” to blame.

Via:: Oil prices surge after US reports tankers attacked