Saudi Arabia Says Oil Tankers Attacked as Iranian Tensions Rise

  • Iran calls incident regrettable, warns against conspiracies
  • U.S.-bound Saudi tanker hit by ‘sabotage’ on way to load oil
The tension has caused oil to rise and weighed on the region’s stock markets. Bloomberg’s Anthony Dipaola reports.Source: Bloomberg
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Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persian Gulf, adding to regional tensions as the U.S. increases pressure on Iran. Crude rose as much as 2%.

The tankers were damaged in “a sabotage attack” off the United Arab Emirates coast on Sunday, state-run Saudi Press Agency reported. The vessels were approaching the Strait of Hormuz, the world’s most important chokepoint for oil shipments.