Oil prices jump after attacks on two tankers in the Gulf of Oman
The UK’s Royal Navy unit is looking into the tanker incidents; oil bulls are also buoyed by the possibility of Opec continuing its supply cuts
Dubai — Attacks on two oil tankers on Thursday in the Gulf of Oman left one ablaze and both adrift, shipping firms said, driving oil prices up 4% over worries about Middle East supplies.
The Front Altair was on fire in waters between Gulf Arab states and Iran after an explosion that a source blamed on a magnetic mine. The crew of the Norwegian vessel were picked up by a vessel in the area and passed to an Iranian rescue boat.