World News
US Strikes Three Iranian Oil Tankers After Navy Ships Targeted
US military said it struck three Iranian tankers on Saturday after Iran tried to attack its naval ships operating in the region.
An aircraft carrier and a guided-missile destroyer evaded multiple ballistic missile attacks launched by Iran’s Islamic Revolutionary Guard Corps, US Central Command (CENTCOM) said in a social media post on Saturday.
The US strikes disabled the M/T Downy off Kharg Island and the M/T Stark 1 near Jask.
US forces also destroyed the unladen M/T Kylo, also known as the “Noxen”, in the Gulf of Oman after its crew was ordered to abandon the vessel.
CENTCOM said the three tankers were part of a shadow network that generates funds for the IRGC and its regional proxies.
“If you shoot at two of our ships, we will impose an even higher economic cost —taking out three of yours,” Admiral Brad Cooper, commander of CENTCOM, said.
Crude oil prices climbed on Monday morning amid the fears of further disruptions around the Strait of Hormuz.
The ICE November Brent contract traded at $97.39/bl as of 5:56 AM in London, up 1.1% from Friday’s settlement of $96.28/bl.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 937.00 | 3.50 | 1341.00 | 12.50 |
| Rotterdam | 763.00 | 6.00 | 1434.50 | 5.50 |
| Houston | 805.50 | 16.00 | 1422.00 | 15.00 |
| Fujairah | 969.00 | 0.50 | 1751.00 | 7.50 |
| Global 20 Ports Average | 919.00 | 1.00 | 1552.00 | 6.00 |
| Global 4 Ports Average | 868.50 | 6.00 | 1487.00 | 6.50 |
| Global Average Bunker Price | 958.50 | 5.00 | 1598.00 | 19.50 |
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