United States and Saudi Arabia say Iran behind tanker attacks
Brent crude oil edged higher on Friday, rising 0.34% or US$0.21, to US$61.56 as of 6.00am GMT.
![Oil barrels](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/news-article-image-folder/BG_oil_barrel_Brent_WTI_987945.png/jcr:content/renditions/original-size.webp)
American officials on Thursday released images that showed that Iran was involved in the attack on an oil tanker near the Persian Gulf.
According to navy captain Bill Urban of the United States (US) Central Command in a Bloomberg report, an Islamic Revolutionary Guard Corps patrol boat ‘was observed and recorded removing the unexploded limpet mine from the Kokuka Courageous,’ one of two tankers attacked on Thursday.
That was after another mine had already detonated, damaging the ship, the US said. Earlier on Thursday, US secretary of state Michael Pompeo had pinpointed Iran as the culprit behind the attacks.
Saudi Arabia has agreed with the US that Iran was behind the suspected attacks, said Saudi minister of state for foreign affairs Adel al-Jubeir.
‘We have no reason to disagree with the (US) secretary of state. We agree with him,’ Mr Jubeir told American media CNN. ‘Iran has a history of doing this.’
Iranian officials have denied the accusation. The country’s foreign minister Javad Zarif in turn said that Iran’s enemies could be the real culprits behind the attacks and reiterated calls for a regional dialogue.
Brent crude oil edged higher on Friday, rising 0.34% or US$0.21, to US$61.56 as of 6.00am GMT. US West Texas Intermediate climbed 0.23% to US$0.12, to US$52.32.
Oil prices up on Thursday following the attacks on two tankers
The two tankers were reportedly attacked on Thursday morning, causing oil prices to shoot up by more than 4%.
Brent crude traded higher to as much as 4.5% before coming down to US$62.10 per barrel at around 11.15am GMT on Thursday, while the US West Texas Intermediate rose more than 1.5% to US$52.68 per barrel.
The tanker Kokuka Courageous was attacked twice on Thursday, spread out three hours apart, and had forced its crew to evacuate, its operator Kokuka Sangyo said. The tanker was transporting 25,000 tons of methanol from Saudi Arabia to Asia.
This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
![](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/Rebrand/Article_banners/Commodities-global-component-banner.jpg/jcr:content/renditions/original-size.webp)
Speculate on commodities
Trade commodity futures, as well as 27 commodity markets with no fixed expiries.1
- Wide range of popular and niche metals, energies and softs
- Spreads from 0.3 pts on Spot Gold, 2 pts on Spot Silver and 2.8 pts on Oil
- View continuous charting, backdated for up to five years
1In the case of all DFBs, there is a fixed expiry at some point in the future.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only