[MARKET UPDATE] Oil prices continue to climb in wake of blockade confirmation and reports of strikes in Saudi Arabia
Newsquawk Staff ·
Oil prices continue to climb in wake of blockade confirmation and reports of strikes in Saudi Arabia.
- Explosions were reportedly heard in Iran's port city of Sirik, with claims that US forces struck an anti-ship missile launcher targeting vessels in the Strait of Hormuz, Israel's Channel 12 reports
- Iranian missiles were reportedly launched towards the Strait of Hormuz, Sabereen News reports
- US waives Russian diesel tax record requirements for buyers
- In the past few hours, there has apparently been a change in the American position in favour of a pre-emptive strike on Iran, according to a Haaretz correspondent, citing White House sources
- US officials says the US State Department is preparing to issue an ordered departure of some personnel and family members at US embassies across the Gulf
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