Crude Oil Jumps on Tanker Attacks

Credit: AP:Associated Press Two tankers were reportedly attacked this morning near the Strait of Hormuz. About 30% of the world's sea-borne crude oil passes through the Strait of Hormuz, which links the Gulf of Oman and the Persian Gulf. The Kokuka Courageous, operated by Singapore-based BSM Ship Management, said it had been attacked by two … Continue reading Crude Oil Jumps on Tanker Attacks