An oil tanker exploded and caught fire after colliding with mines in the Strait of Hormuz, Iran’s IRGC said, according to Fars, without saying when the incident occurred.
US President Donald Trump, meanwhile, said Iran wanted to reach a deal with Washington, signalling a possible diplomatic opening despite the widening regional tensions.
He made the comments after the cancellation of the planned Gulf-Iran meeting and as the Houthis expanded military operations, adding to concerns over the security of energy infrastructure and shipping routes across the region.
Crude oil prices rose more than four per cent yesterday when the market reopened after the weekend’s developments.
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