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home / news releases / WTID - Oil Supply Tensions Rise As Accusations Fly Over Gulf Of Oman Tanker Attacks


WTID - Oil Supply Tensions Rise As Accusations Fly Over Gulf Of Oman Tanker Attacks

Original post

By Stuart Burns

On Thursday, two tankers carrying petrochemicals, one of which was a Japanese-owned ship, came under suspected attack in the Gulf of Oman. The incidents compounded the already simmering hostilities in what's possibly the world's most pivotal maritime corridor and spurred a significant 4% spike in the oil price, the Washington Post reported.

The phrase "suspected attack" takes the limits of objective reporting to an extreme - there is no doubt these incidents were attacks, particularly coming hot on the heels of four previous such incidents last month.

The question

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Stock Information

Company Name: UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Inverse
Stock Symbol: WTID
Market: NYSE

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