Vessel struck in Strait of Hormuz, UKMTO says, as prospects for U.S.-Iran diplomacy appear elusive

A vessel was struck by a projectile while moving through the Strait of Hormuz, according to the UKMTO. The agency did not provide information on the extent of the damage or the status of the crew.

The incident occurred as Iranian and Gulf officials were set to meet in Oman to sign an agreement for shipping through the strait. It also comes after a drone attack on Saudi Arabia's East-West pipeline, which was temporarily closed as a precaution.

The attacks have raised concerns about energy supplies and could lead to higher energy prices. Brent crude had surged back above $100 a barrel the previous week. According to Investing.com, the East-West pipeline, which has been moving 4 million to 5 million barrels per day, was shut down after the drone attack.

Brief written by urgent.news from CNBC, Investing.com, The Economic Times - Top News — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.