Cargo ships
Latest Oil Market News and Analysis for Oct. 7
Oil steadied as traders weighed increased flows through the Strait of Hormuz against a pickup in Iranian attacks against vessels.
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- Hormuz transits at lowest in over two months after attacks, data shows - ReutersHormuz transits at lowest in over two months after attacks, data shows Reuters
- Tanker hit by multiple projectiles off north coast of Qatar, UKMTO saysThe UK maritime agency has reported a rise in attacks on vessels in the vital Strait of Hormuz.
- Gold Near Nine-Week Low on Prospects for Rate Hike by Year-EndGold traded near a nine-week low as fresh tensions in the Strait of Hormuz heightened war-driven inflation concerns and investors weighed prospects for at least one more US rate hike this year.
- Oil Tanker Struck by Projectiles Near Qatar, 500 km Away from Strait of Hormuz - news.sbs.co.krOil Tanker Struck by Projectiles Near Qatar, 500 km Away from Strait of Hormuz news.sbs.co.kr
- Naval drone hits oil tanker off Russian resort city Sochi, triggering massive blaze - The GuardianNaval drone hits oil tanker off Russian resort city Sochi, triggering massive blaze The Guardian