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US-Iran war news LIVE: Two oil tankers attacked in Strait of Hormuz by 'unidentified projectiles,' says UKMTO
The brief
- UKMTO said two oil tankers were struck by unidentified projectiles in the Strait of Hormuz
- The agency made the statement on Friday, local time
- Higher crude-price risk could pressure Indian oil-marketing companies and benefit upstream producers
- Trump declines to reveal next move on Iran, says conflict 'won't be long'
- Asian shares fall as US jobs data looms after Treasury yield hits 24-year high
- Buy ONGC, Sell Oil India| Kotak raises FY27 oil price assumption to $90
- Oil retreats as market weighs mixed supply signals
- No global oil shortage, supply route disruptions driving crude prices, oil minister says
Attacks on commercial shipping in the Gulf
India urged restraint and de-escalation amid the Gulf conflict, warning that threats to shipping could affect energy supplies, commerce and maritime security. UKMTO later reported that two oil tankers were struck by unidentified projectiles in the Strait of Hormuz.
Saturday, 3 October
- US-Iran war news LIVE: Two oil tankers attacked in Strait of Hormuz by 'unidentified projectiles,' says UKMTO