UKMTO have received information from a verified source that a vessel is on fire, Strait of Hormuz

Oil will remain underpinned by US-Iran war escalation. 

UKMTA are cautious, not attributing the fire to any specific cause but dollars to donuts it was an attack by Iran. 

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Earlier:

• US launches ninth night of Iran strikes as missiles fly from Kuwait
• Iran fires new missile wave at Gulf as oil and dollar both jump - escalation fueling gains 

This article was written by Eamonn Sheridan at investinglive.com.

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