The Islamic Revolutionary Guard Corps reported that four tankers were hit in the Strait of Hormuz. Separately, Donald Trump stated that the war on Iran would "get wrapped up soon."
Price of futures contracts of Brent oil up 2.9% amid Middle East escalation
Summary
As of 5:35 a.m. Moscow time, the Brent price was up by 2.94% at $90.69 a barrel
Actors involved
Sources
- TASS (Russia)(Russian State)
See this event through different lenses
Compare how different perspectives frame this event.
Compare PerspectivesCommunity Notes
Community Notes
Loading notes...
Related events
Russian President Vladimir Putin stated that relations between Russia and Eritrea are developing. He urged the two nations to increase their trade and economic cooperation.
Oman reported rescuing 25 people from a burning oil tanker in the Strait of Hormuz. Concurrently, Iran stated that three oil tankers were halted while attempting to use "unauthorised routes" to cross the strait.
The MOEX Index rose 0.83% to 2,513.04 points, and the dollar-denominated RTS Index climbed 0.98% to 982.73 points. The report attributes these gains to oil prices and geopolitical optimism.