Gulf Attacks Stall Shipping as Iran Warns Oil Could Hit $200
Three more foreign vessels were struck in the Gulf near the Strait of Hormuz — a container ship north of Jebel Ali and two oil tankers near Umm Qasr — with at least one dead and 38 rescued, as shipping through the strait slows to a near halt; Iran warned oil could reach $200 per barrel, and oil prices rose with Brent around $97 and WTI near $92 as markets weigh supply risks and the IEA plans a 400-million-barrel release.