Iranian waterway hit by loud blasts, unconfirmed Arab reports say
Unconfirmed Arab sources report multiple severe explosions in the Strait of Hormuz, targeting a tanker.
A private survey shows an unexpected crude oil build, contrary to the expected draw.
Further details are pending.
According to the data I had reviewed, the headline figure was anticipated to show a decrease of 1.14 million barrels.
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In a separate development reported by Bloomberg, the United States is making up to 40 million barrels of crude oil available from the Strategic Petroleum Reserve, with bids required by October 6. This represents the final portion remaining from the initial March announcement of approximately 172 million barrels.
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Unconfirmed Arab sources report multiple severe explosions in the Strait of Hormuz, targeting a tanker.
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