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Oil Price Rises After A Possible Attack On Tankers

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Oil price Rises after a possible Attack on Tankers in the Gulf of Oman. The price of a barrel of Brent oil is up by 2.7 percent on Thursday morning, following reports of the evacuations of two tankers in the Gulf of Oman.


Thursday around 10.30 am the price of a barrel of Brent oil is 61.57 dollars. Yesterday that was 59.91 dollars.

The price rises put an end to the price decline in recent days, which started when last week,

 it became known that the American oil stocks had grown considerably.

According to a spokesman for the Taiwanese state oil company CPC Corp,

 the tanker Front Altair is on fire after “a suspected torpedo attack”.

The ship, owned by a Norwegian shipping company, was hired by CPC to transport a cargo of naphtha.

Four other tankers have been attacked off the coast of the United Arab Emirates in recent months.

According to the United States, Iran is involved in the attacks. Iran denies that.

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