(RTTNews) - Extending the sharp gains from Friday's session, crude oil prices have catapulted on Monday as expectations of an early reopening of the Strait of Hormuz began to fade following several preconditions put forth by Iran to the U.S. and the counter-demands by U.S. President Donald Trump, which have increased…
(RTTNews) - Extending the sharp gains from Friday's session, crude oil prices have catapulted on Monday as expectations of an early reopening of the Strait of Hormuz began to fade following several preconditions put forth by Iran to the U.S. and the counter-demands by U.S. Presid…
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Maj. Gen. Turki Al-Maliki, spokesperson for the Coalition to Restore Legitimacy in Yemen, stated on Saturday that a cruise missile and a UAV launched toward the Riyadh region were intercepted and destroyed. Yemen’s Houthis claimed they launched multiple missile and drone attacks against Saudi troops and infrastructure in Saudi Arabia and Yemen.
Iranian media and the Revolutionary Guards Navy reported explosions in several parts of southern Iran, including Qeshm Island, on Saturday evening. These outlets stated that two oil tankers caught fire in the Strait of Hormuz after reportedly hitting mines.
The incidents occurred amid a US blockade of the waterway, which intensified tensions and fears of renewed American strikes.
The US military carried out fresh strikes on Iranian air defenses on Qeshm Island following the targeting of vessels in the Strait of Hormuz. Both sides stated on Saturday that negotiations to end the war are ongoing.
U.S. Central Command reported that it fired on and disabled a St. Kitts-flagged commercial vessel in the Gulf of Oman. The military stated the ship ignored warnings and attempted to leave the region after visiting an Iranian port, which it described as an attempt to breach a blockade.