Al-Monitor
MiddleEast · 3 hrs ago
Oil price rises after Iran says it stops ships in Hormuz
By Ahmed Tolba, Nafisa Eltahir and Yasmine Ghania
CAIRO/DUBAI, July 31 (Reuters) - 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.
Do you trust Al-Monitor?
Sign in to rate
Discussion
?
No comments yet — be the first to start the discussion!