Iran says that two missiles were targeted at its oil tanker, causing the explosion

Author: Justin Low | Category: News

A statement by the National Iran Oil Company on its website

The missiles were said to have caused an explosion which damaged two tanks on the vessel.

Oil is continuing to build up further gains on the day currently with WTI now up to $54.50, 1.8% higher, and Brent is up to $60.25, 1.9% higher.

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