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 crew of the Norwegian vessel were picked up by a vessel in the area and passed to an Iranian rescue boat. A second Japanese-owned tanker was abandoned after being hit by a suspected torpedo, the firm that chartered the ship said. The attacks were the second in a month near the Strait of Hormuz, a major strategic waterway for world oil supplies. Oman and the United Arab Emirates, which both have coastlines along the Gulf of Oman, did not immediately issue any public comment.

Source: Pakistan Today June 13, 2019 13:41 UTC