Ships attacked in Strait of Hormuz
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Oil prices rose sharply on Wednesday after reports that at least three container ships were hit by gunfire in the Strait of Hormuz.
Iran’s Islamic Revolutionary Guard Corps (IRGC) attacked multiple ships in the Strait of Hormuz on Wednesday, less than a day after President Trump extended the ceasefire indefinitely until Tehran agrees to negotiate a new deal. The U.K. Maritime Trade ...
Analysts warn shipping risks through the conduit are at their highest level yet after this weekend's vessel strike and U.S. seizure of an Iranian-linked ship.
By Shadia Nasralla LONDON, April 22 (Reuters) - Oil prices rose on Wednesday, erasing earlier losses after reports of gunfire attacks on at least three container ships in the Strait of Hormuz and a lack of progress in peace talks between the U.