Iran's state television reported that two of its tanks were damaged.Tensions are already high in the Red Sea shipping area, which links the Indian Ocean with the Mediterranean via the Suez Canal.It follows strikes on key Saudi oil installations in September and attacks on tankers in the Gulf area in May and June. It said the Sinopa was in the Red Sea, according the latest data updated on Oct. 10.Iran's Nour news agency, which is close to the Iranian Revolutionary Guard Corps, said the crew was safe.The Sept. 14 attacks on Saudi oil sites in the east of the kingdom shut down 5.7 million barrels per day (bpd) of production, about half of Saudi output and roughly 5% of global supply. Output has since been restored.Yemen’s Iran-aligned Houthi group claimed responsibility for those attacks, but a U.S. official said they originated from southwestern Iran. Riyadh blamed Tehran . Iran denied any role.

Source: Economic Times October 11, 2019 06:13 UTC