Oil rises due to US-Iran tensions; mass selling limits the increases
Oil prices increased following the US downing of an Iranian drone and Iranian armed boats approaching a US-flagged vessel, raising fears of escalation between Washington and Tehran before upcoming talks.
American Source: The US Downed an Iranian Drone Approaching the Aircraft Carrier Lincoln in the Arabian Sea
An American source reported that the US military shot down an Iranian drone approaching the USS Lincoln aircraft carrier in the Arabian Sea while armed Iranian boats threatened a US-flagged tanker in the Strait of Hormuz.
Urgent | Wall Street: 6 armed Iranian boats approached an American oil tanker in the Strait of Hormuz and ordered it to stop
Six armed Iranian boats approached an American oil tanker in the Strait of Hormuz, demanding that it stop, according to Wall Street reports.
British warning of suspicious activity by armed boats near the Strait of Hormuz
The UK Maritime Trade Operations (UKMTO) has issued a security warning regarding suspicious activities involving armed boats near the Strait of Hormuz, following reports of a commercial vessel receiving radio calls demanding it to stop.
US Armed Forces Raid Against Drug Trafficking: Three Dead
The US military announced the killing of three individuals in attacks on three suspected drug trafficking boats in international waters, bringing the total death toll in Washington's campaign against alleged drug traffickers to at least 110.