The U.S. carried out strikes near the Iranian island of Khark — Fox. Brent prices exceeded $99
Iranian oil tankers were the target of an attack by the U.S. military, Fox News reports, citing an unnamed U.S. official
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The U.S. military struck targets near the Iranian island of Hark and the port city of Jask, Fox News reported, citing an unnamed U.S. official.
The strikes, he said, “have become part of a broader effort” by U.S. President Donald Trump’s administration “to exert economic pressure on Iran.” The targets of the attack were Iranian tankers carrying crude oil, the channel’s source explained.
Against the backdrop of these reports, oil prices approached their intraday highs: November Brent futures jumped more than 2% to $99.16, while U.S. WTI futures rose nearly 3% to trade at $93.96. The escalation of the conflict in the Middle East also put pressure on U.S. stocks: all three major U.S. stock indices closed lower on September 9, with the S&P 500 losing 0.58%, the Nasdaq Composite 0.32%, and the Dow Jones 1.18%.
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