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Oil Prices Top $90 as Kuwaiti Tanker Hit in Strait of Hormuz
A Kuwait-owned oil products tanker was struck by a projectile in the Strait of Hormuz near Oman as tensions escalate around the key shipp…
AI Summary
A Kuwait-owned oil products tanker was struck by a projectile in the Strait of Hormuz near Oman as tensions escalate around the key shipping lanes of the Middle East, sending Brent back above $90 per barrel. The Kaifan tanker, owned by Kuwait Oil Tanker Co. S.A.K., was the vessel hit by an unknown projectile in the Strait, per security consultancy EOS Risk…
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