Iran said the world should be ready for oil at $200 a barrel.
Its forces hit merchant shipping / oil tankers:
- Reports of tanker attack in southern Iraq
- Oil price leaps higher on news of 2 tankers attacked in the Gulf
The oil tanker attacks were carried out by Iranian boats laden with explosives. At least one of the tankers was US-owned. At least one crew member has been fatally wounded. Terrible news, a person just doing a job.
The oil price is continuing to rise. This war is far from over.
On Wednesday Trump:
This fool is way out of his depth. Nothing left to target? How about explosive laden boats, that’ll do for a start. Just an idea.
—
As posted earlier:
Two oil tankers were attacked in the northern Gulf near Iraq and Kuwait, raising fresh concerns about the safety of commercial shipping in a region already on edge due to the escalating conflict involving Iran.
One of the incidents occurred near Iraq’s southern oil export region close to Umm Qasr and the Khor al-Zubair port area. A tanker anchored offshore caught fire after what early indications suggest may have been a deliberate strike on the vessel. Initial reports point to the possibility that the ship was hit by an unmanned explosive boat or similar device, a tactic that has increasingly appeared in maritime attacks in the region.
Around the same time, a second tanker anchored off the coast of Kuwait suffered an explosion that damaged the vessel and forced the crew to respond to a fire onboard. Early information indicates the blast occurred along the side of the ship while it was waiting in regional waters. While damage assessments are still emerging, there were no immediate indications of major casualties.
This article was written by Eamonn Sheridan at investinglive.com.
