Oil climbs as tankers are attacked in Iraqi waters amid Middle East war

Oil prices increased after Iranian explosive boats attacked two tankers in Iraqi waters amid supply disruptions.

Source: Reuters (via feed)




Oil prices climbed on Thursday after Iraqi security officials reported attacks on two fuel oil tankers. According to the officials, Iranian explosive-laden boats struck the vessels in Iraqi waters. The incident occurred amid other global supply disruptions related to the U.S.-Israeli war on Iran.

BizTrendWire Insight:

Iraqi security officials reported attacks on tankers by explosive-laden boats in Iraqi waters. Oil prices rose following these reports.


Read full story on Reuters

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