Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

UKMTO reports tanker struck by three projectiles during outbound transit of Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday that a tanker has reported being struck by three projectiles while sailing out of the Strait of Hormuz, Reuters reported.

UKMTO reports tanker struck by three projectiles during outbound transit of Strait of Hormuz

The UK Maritime Trade Operations (UKMTO) reported on Tuesday that a tanker encountered three projectiles while outbound through the Strait of Hormuz, according to Reuters. The vessel encountered the projectiles 17 nautical miles east of Khasab in Oman. There were no casualties or environmental damage reported during the incident.

At the time of writing, the West Texas Intermediate (WTI) oil price had risen by 3.22% for the day, reaching $85.44 per barrel. WTI is a type of crude oil known for its quality, low gravity, and minimal sulfur content. It is a benchmark for the oil market and its price is frequently quoted in the media. The price of WTI oil is influenced by factors such as global supply and demand, political instability, wars, sanctions, OPEC production decisions, and changes in the value of the US Dollar.

Written by urgent.news from FXStreet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at fxstreet.com →

More in Finance & Markets

More from Monday 31 August →