The Commodities Feed: Oil edges higher amid Persian Gulf tanker attacks
AI Summary
Tanker strikes continue in the Persian Gulf amid rising tensions between the US and Iran. The oil market remains supported as the US retaliated against Iranian-linked tankers, while Iran enforces actions against tankers on unauthorized routes, escalating regional instability.
Energy – Tanker strikes persist in the Persian Gulf The oil market remains well-supported with little sign of a peace between the US and Iran. The US struck several Iranian-linked tankers in response to Iran targeting US warships. Iran says it has also taken action against tankers navigating unauthorised routes, and now plans to enforce ...