Live updates: Oil price spikes again as Iran ship attacks surge
Published on March 12, 2026.
A U.S.-owned crude oil tanker, Safesea Vishnu, has been attacked near southern Iraq, killing one person. The British military also reported that two other tankers were hit by an unidentified projectile. The attacks are part of a wider trend towards attacking shipping in the region, with Iran's control of the Strait of
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