News
๐จ ๐ฎ๐ท Iran says a fourth tanker, a loaded supertanker, hit a mine in Hormuz and is on fire, as ๐บ๐ธ Trump says Iran talks are under way
๐จ ๐ฎ๐ท Iran says a fourth tanker, a loaded supertanker, hit a mine in Hormuz and is on fire, as ๐บ๐ธ Trump says Iran talks are under way
- ๐ฎ๐ท Iran's IRGC Navy says a supertanker carrying more than 2 million barrels of crude struck a mine and caught fire in the Strait of Hormuz, the fourth tanker hit, after it ignored radio warnings and tried to use an unauthorised southern route through the strait (Iranian state media via newswires, ; no independent confirmation yet)
- ๐บ๐ธ Wall Street closed sharply lower on the tech rout: the Nasdaq Composite fell 2.85%, the S&P 500 1.84% and the Dow 1.11%, per unofficial closing levels (newswires, )
FO view: Brent has barely moved on the claim so far, so the weekend gap risk sits with oil.
Not investment advice.