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Crude oil jumps on fresh Persian Gulf tanker attack, U.S. Gulf shutdowns
Seeking Alpha ·
Seeking Alpha reports: Crude oil futures are surging more than 4% on Thursday following a tanker attack in the Persian Gulf and the shutdown of some production in the U.S. Gulf as the region braces for a hurricane. A tanker was struck by projectiles off the coast of Qatar, according to the U.K. Maritime Trade Operations Centre, as Iran appears to be intensifying its attacks on shipping after the U.S. had recently succeeded in restoring crude shipments through the Strait of Hormuz. "The…
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Hurricane Isaias forced offshore oil and natural gas producers in the Gulf of America to halt a sizable amount of production as the Atlantic's first hurricane of the season churned toward the coast, with potential landfall impacts across portions of Louisiana, Mississippi, Alabama, and the Florida Panhandle. Isaias had sustained winds of 75 miles per hour ...
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