Oil price rises after Iran says it stops ships in Hormuz

CAIRO/DUBAI, July 31 : Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz, underscoring concerns over global energy supplies following a drone attack on ships in a Mediterranean Egyptian port this week.Iran said four other tankers turned back after its forces intervened, although the Iranian reports could not be independently confirmed. Two large tankers carrying oil loaded from the Gulf were recorded passing through the strait, a narrow waterway between Iran and Oman that normally carries about one-fifth ⁠of the world's energy shipments.Two other commodities vessels also transited, according to shipping data from Kpler, which does not capture vessels that have been transiting the strait with their transponders off. Iran has blocked mo