According to BlockBeats, a Chinese-owned crude oil tanker was attacked at the entrance of the Strait of Hormuz on May 4, with its deck catching fire. The vessel was identified as “CHINA OWNER&CREW” during the attack. On May 6, French container shipping company CMA CGM reported that its small container ship San Antonio was also attacked while transiting the strait, resulting in crew injuries and vessel damage. The attacks follow heightened tensions in the waterway as Iranian Revolutionary Guard forces have targeted multiple commercial vessels.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. DOJ and CFTC Launch Investigation Into $2.6B Suspicious Oil Trades Ahead of Trump Iran Announcements
According to BlockBeats, on May 7, the U.S. Department of Justice and CFTC launched an investigation into a series of suspicious oil market trades worth over $2.6 billion that occurred shortly before Trump's major announcements regarding Iran. Traders bet oil prices would fall, and prices
GateNews5m ago
WTI Crude Oil Falls 5.00% Intraday to $92.21 Per Barrel
According to Gate data, WTI crude oil fell 5.00% intraday on May 7, trading at $92.21 per barrel.
GateNews31m ago
OPEC+ to increase output by 18.8 thousand barrels per day: the first meeting without the UAE, with Saudi Arabia taking the lead in restraining the increase
The UAE has left OPEC. At its May meeting, OPEC+ announced a June production increase of 188k barrels per day without including the UAE, with the seven countries coordinating to hold back. The UAE’s exit limits the organization’s influence; if it also increases production independently, the market may face renewed pressure. Key focus going forward: the outcome of the June meeting, the UAE’s independent moves, and the supply role of US shale amid disruptions in the Strait of Hormuz.
ChainNewsAbmedia1h ago
HyperLiquid Whale Loracle.hl Closes BRENTOIL Short for $991K Gain, Holds $8.55M Unrealized Profit
According to on-chain analyst Onchain Lens, HyperLiquid whale Loracle.hl closed a BRENTOIL short position 2 hours ago with a profit of $991,000. The wallet currently holds unrealized gains exceeding $8.55 million and has accumulated total profits of approximately $36 million. Its active positions in
GateNews2h ago
CFTC Fines New York Trader $200,000 for Treasury Futures Spoofing in 2019
The Commodity Futures Trading Commission fined New York-based trader Sidney Lebental $200,000 after finding he engaged in spoofing activity in US Treasury futures markets between January and September 2019. The regulator also imposed a one-month trading ban on commodity interests.
According to
GateNews3h ago
ECB's Negrel: May Raise Rates Next Month If Middle East Tensions Don't Ease
On May 7, European Central Bank Governing Council member Negrel stated that if Middle East tensions do not ease significantly, the ECB may raise interest rates in June. "If the outlook does not improve materially, I expect we will raise rates in June," Negrel said. The official added that
GateNews4h ago
