The United Kingdom Maritime Trade Operations agency said Monday that a tanker was hit by projectiles north of the city of of Fujairah in the United Arab Emirates.
The United Arab Emirates has engineered one of the world's most resilient travel and tourism economies. This Mideast war may be its biggest rebound test.
Korea's Kospi hits fresh intraday high, amid mixed Asian markets as investors brushed aside fresh threats from Trump on Iran ahead of a fragile ceasefire deadline.
The upbeat economic growth has reduced the urgency for fresh stimulus measures, prompting economists to postpone forecasts on the timing of interest rate cuts.
Oil prices fell as optimism grew that Iran may restart negotiations with the U.S. and Israel, easing tensions over the conflict that has disrupted the Strait of Hormuz.