Oil prices rose above $74 per barrel on London and New York exchanges due to tensions near the Strait of Hormuz following reports of attacks on ships. The UK Maritime Trade Office reported a projectile hit a liquefied natural gas tanker near Muscat, causing a fire. Iranian state TV claimed the vessel ignored warnings before being attacked, though Tehran did not directly claim responsibility. The incident was not commented on by Iran’s Revolutionary Guard or the US Central Command. A Saudi-flagged oil tanker was damaged in the strait after projectiles were fired by Iran’s guard, according to Reuters. Iran had previously issued a map warning ships to stay within designated safe corridors near the island of Larak. Qatar’s foreign ministry spokesperson accused Iran of full legal responsibility for the attack and its consequences. Iran called on the International Maritime Organization (IMO) to reject a proposal by the UAE and regional countries regarding the Strait of Hormuz. Despite the attacks, ships continue to pass through Hormuz under coordinated security measures, according to Tehran. Analysts noted geopolitical risk factors contributed to rising oil prices. However, producers in
Bias read (Center): The article provides a balanced account of the situation, citing multiple sources including the UK Maritime Trade Office, Iranian state media, Reuters, and analysts from Saxo Bank and other institutions. It presents both the Iranian perspective and international reactions without overtly favoring a


