Oil prices approach $100 as US-Iran tensions rise, with post-breach risk the bigger worry
Oil prices near $100 as US-Iran tensions persist, with the bigger risk seen if prices stay above that level.
U.S. forces struck two Iranian missile launchers on Larak Island near the Strait of Hormuz.
Two Iranian launchers on Larak Island have been struck by U.S. forces, according to Axios.
Members of the Islamic Revolutionary Guard Corps were seen getting ready to fire rockets fitted with sea mines into the Strait of Hormuz.
Axios referenced a statement from a U.S. official.
Over the weekend, the UKMTO reported that a tanker traveling inbound through the Strait of Hormuz was hit by an unknown projectile about 12 nautical miles north of Khasab, Oman.
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Oil prices near $100 as US-Iran tensions persist, with the bigger risk seen if prices stay above that level.
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