"The U.S. Navy stopped the TOUSKA by blowing a hole in the engine room, emphasizing that the vessel was under international sanctions and had a history of illegal activity."
"In retaliation, the IRGC launched drone strikes on American vessels, which might be considered a violation of the ceasefire reached."
"Markets reacted swiftly to these developments as future contracts of the two main oil benchmarks, WTI and Brent, rose over 5% during the session."
The U.S. Navy attacked the Iranian cargo ship TOUSKA, which was attempting to bypass a naval blockade. This action led to a swift rise in oil prices, with Brent crude increasing by over 5%. In retaliation, the Iranian Revolutionary Guard Corps launched drone strikes on U.S. ships, potentially violating a ceasefire. President Trump emphasized the ship's illegal activities and announced it was under U.S. custody. Negotiations for peace continue, with Trump sending representatives to Islamabad for further talks.
Read at news.bitcoin.com
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