Saudi Arabia says oil tankers targeted in 'sabotage attack'

UAE FM confirms four commercial vessels targeted at Fujairah port

Fujairah's port is located about 85 miles from the Strait of Hormuz, through which a third of all oil at sea is traded.

UAE did not name who was responsible for the Sunday morning attacks on the vessels but warned that "carrying out acts of sabotage on commercial and civilian vessels and threatening the safety and lives of those on board is a serious development". The tankers affected were sailing towards the Persian Gulf and so far, no one has claimed responsibility over the attacks.

Neither Saudi Arabia nor the UAE gave details on the nature of the attacks.

Al-Falih also said the attack aimed to undermine the "security of oil supplies to consumers all over the world" and emphasized the "joint responsibility of the global community to protect" the safety of maritime navigation and oil tankers.

Tensions have risen in the year since President Donald Trump withdrew the United States from the 2015 nuclear deal between Iran and world powers, restoring American sanctions that have pushed Iran's economy into crisis.

It also comes as US Secretary of State Mike Pompeo scrapped a visit to Moscow and made a decision to travel to Brussels to discuss Iran with French, British and German officials.

Yemen's Houthis offer unilateral withdrawal from key ports in coming days
The gesture of goodwill by the Houthi rebels did not sit well with Yemen's Saudi-backed government. It comes five months after a UN-backed agreement was reached.

Mousavi "called for clarifications" concerning the "exact dimensions" of Sunday's attacks on ships in the Gulf, the foreign ministry's statement said.

Speaking in Brussels, the British Foreign Minister Jeremy Hunt warned of the risk that the tensions could trigger an unintended conflict in the region.

At 11:11 GMT, July WTI crude oil futures are trading $62.60, up $0.80 or +1.29% and July Brent crude oil futures are at $71.67, up $1.07 or +1.52%. "Iran or its proxies could respond by targeting commercial vessels, including oil tankers, or US military vessels in the Red Sea, Bab-el-Mandeb Strait, or the Persian Gulf".

Also on Sunday, the USA embassy in Baghdad issued a security alert, advising United States citizens of "heightened tensions in Iraq". Dubai's benchmark dropped 4 per cent, the most among major gauges tracked by Bloomberg globally. It said the UAE had taken all necessary measures and launched an investigation in coordination with worldwide authorities. No one was hurt, and no fuel or chemicals were spilled, the state-run WAM news agency quoted the ministry as saying. After the United States ended all sanctions waivers that had allowed some nations to continue importing Iranian crude, Washington said Riyadh and Abu Dhabi would help compensate for any shortage in oil supply.

INTERTANKO, an association of independent tanker owners and operators, said in a note that it has seen photos showing that "at least two ships have holes in their sides due to the impact of a weapon". Separately, China announced it will raise tariffs on some US goods from June 1 following Washington's decision to increase levies on $200 billion of Chinese goods Friday, escalating a prolonged trade war.

It's unclear right now whether it's Iran or other parties that attacked the Saudi Arabia's oil tankers and four UEA commercial ships.

Related news:

Hot News

isis-killer-beheading-video-story-top TSMC to commence mass production of Apple A13 chips this month
May 13, 2019 - 17:15
The 2019 iPhone will be equipped with a new mobile phone processor which according to reports will be called A13. Bloomberg today reported more details about the next generation iPhones that will be announced this September.

isis-killer-beheading-video-story-top It's A Boy! Prince Harry and Meghan Markle Welcome Archie Harrison Mountbatten
May 12, 2019 - 09:17
On Monday, Prince Harry and Meghan Markle announced that they had welcomed their first child, a baby boy, into the world. Prince Harry lost his mum, Diana, the Princess of Wales when she died from injuries following a auto crash in 1997.

isis-killer-beheading-video-story-top Djokovic defeats Thiem to reach Madrid final
May 12, 2019 - 08:50
Fabio Fognini beat John Millman 6-2, 6-2, while Gael Monfils edged Marton Fucsovics, 1-6, 6-4, 6-2. Wawrinka is yet to drop a set this week in Madrid and he eased past Kei Nishikori 6-3 7-6.

isis-killer-beheading-video-story-top Mental Health Week a chance to 'get loud' about wellness
May 12, 2019 - 08:01
This week marks Mental Health Week and the Canadian Mental Health Association is inviting everybody to get loud for mental health. Now, his mother is taking action in order to help other families and teens suffering from depression and mental illness.

isis-killer-beheading-video-story-top McConnell on Trump Jr. subpoena: 'I think this is just a blip'
May 12, 2019 - 07:54
Trump Jr. told the Senate Judiciary Committee in a separate interview in 2017 he was only "peripherally aware" of the proposal. I should also note that Burr's Committee isn't overstepping normal bounds. "The last thing he needs is Washington , D.C".

isis-killer-beheading-video-story-top Alyssa Milano calls for 'sex strike' over Georgia abortion law
May 12, 2019 - 07:42
It also would allow for abortions when a fetus is determined not to be viable because of serious medical issues. The law is scheduled to come into effect on 1 January, but is expected to face challenges in the courts.

isis-killer-beheading-video-story-top Donald Trump heads to Twitter following James Comey's town hall
May 11, 2019 - 02:19
The tweet came just one hour after Comey discussed the report from special counsel Robert Mueller at a CNN town hall moderated by Anderson Cooper.

isis-killer-beheading-video-story-top San Jose Sharks: Previewing the St. Louis Blues series
May 11, 2019 - 02:11
He scored the first goal and assisted on Tomas Hertl's goal as the Sharks advanced to their fourth conference final this decade. A dazed Pavelski was helped off the ice by his teammates and then had eight staples put in his head to stop the bleeding.

A Tiger Woods slam would set up controversial bettor for life
May 11, 2019 - 01:39
Adducci would have been able to get 500-1 at William Hill if he made this Tiger bet back in February. Of course, at that time, Jones, the greatest amateur golfer ever, won the U.S.

isis-killer-beheading-video-story-top Bucks mercifully end Celtics' season with Game 5 stomping
May 11, 2019 - 01:11
Nick Wright) continued to want to love this Celtics team because when they played the right way, they looked so unbeatable. Hayward is under contract for next season and will then have a player option for the final year of his four-year deal.

isis-killer-beheading-video-story-top New Coffee Cup Controversy Reveal Khal Spoiler? Emilia Clarke Answers
May 11, 2019 - 00:48
The series stars Peter Dinklage , Nikolaj Coster-Waldau, Lena Headey, Emilia Clarke , Kit Harington, Sophie Turner and Maisie Williams.

isis-killer-beheading-video-story-top North Korea Launches Short-Range Missiles, Reports Say
May 10, 2019 - 03:24
North Korea's Ministry of Foreign Affairs on Thursday defended Saturday's launch as a "routine and self-defensive military drill". South Korea had responded to those tests by calling for an end to acts that escalate military tension.

isis-killer-beheading-video-story-top Trump 'very surprised' by Senate panel subpoena for Don Jr
May 10, 2019 - 02:05
Asked if Trump Jr. should fight the subpoena, the President wouldn't say: "Well, we'll see what happens". That's according to two people familiar with the subpoena who discussed it on condition of anonymity.

isis-killer-beheading-video-story-top Binance hacked for over $40M worth of Bitcoin
May 10, 2019 - 01:57
Binance sets aside funds in what has been dubbed a #SAFU account, so the loss will be entirely covered at no expense to users. It said losses from the heist will be covered by an emergency insurance fund called Secure Asset Fund for Users (SAFU ).

isis-killer-beheading-video-story-top Samsung Galaxy Fold has no official release date yet
May 10, 2019 - 01:50
Samsung also said that it will have more info in the coming weeks, but can not offer a new release date at this point in time. Customers can confirm that they still want to purchase a Galaxy Fold or have the order automatically canceled by month's end.