An explosion on an Iranian tanker. Crude oil is getting more expensive.

Po terrorist attack on a refinery in Saudi Arabia, now the Iranian tanker has reached the rockets. A fire broke out on the ship, and oil began to spill into the Red Sea. The oil price immediately began to continue Thursday's increases after this information.

The explosion took place on Friday 11.10.2019 year in the morning. She announced it as the first Iranian ISNA news agency. Tanker belonging to National Iranian Oil Company it was then 60 nautical miles from the port of Jeddah, Saudi Arabia, in the Red Sea. The ship was to first explode, then fire and oil spill into the sea. The Iranian agency argues that this is the result of a terrorist attack, citing anonymous experts.

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There are no injuries, the situation is under control

The Nour agency ensures that no one was injured as a result of the attack. This is not surprising, because tankers - although they are huge ships with very valuable cargo - usually have a minimal crew. This type of ship needs only a few people to easily cover the distance between the ports.

“All members of the crew of the exploded and fired Iranian oil tanker located approximately 60 nautical miles off the coast of Saudi Arabia are safe and the situation on the tanker is stable. Nobody was injured in the explosion, the situation is under control, the ship is not in danger, nor is the health and life of its crew members " - we read in the announcement of the Nour agency.

The tanker owner reveals that the ship was hit by two missiles. His statement is also cited by the AFP agency, which also reports that the explosion and leakage are the result of shelling the tanker. Everything seems to indicate that we were actually dealing with a terrorist attack. For now, however, no one has admitted it, but it should be a matter of time, because terrorist organizations always want to get publicity through their actions and inform what they are fighting for. Unless we are dealing with retaliation, directed or inspired and financed, for example, by special services. However, this has not happened, we will probably never know.

The fact is, however, that the market immediately reacted to news of the attack on the tanker. Already before 9: 00 in the morning, the price of crude oil increased by over 1 This is a continuation of Thursday's increases, which according to analysts were based on leaks from trade negotiations between China and the US. According to preliminary information, there is a chance that relations between the two countries may warm up. The talks will continue on Friday, 11.10.2019.

Chart oil, D1 interval. Source: xNUMX XTB xStation

Another attack on the oil industry

Let us remind you: this is not the first attack on the oil industry in recent weeks. In mid-September, the largest refinery in Saudi Arabia was attacked. The Abquiq oil processing plant in the city of Bukajk on the west coast of Saudi Arabia was attacked on Saturday, September 14.09.2019, 7. First it was said that it was done with remote-controlled drones, and then that the action was carried out with rockets, the technology of which ... Iran. As a result, the refinery, which processes 12 million barrels of crude oil per day, had to cut back significantly. Crude oil production across Saudi Arabia then halved then, and oil prices soared the most in history. In one day, they increased by XNUMX percent.

The attack was claimed by Yemeni Huti troops, which even published videos of the fires caused by the bombing. Huti is a group fighting against the Yemeni government, which is assisted by Saudi Arabia. From the beginning, however, the experts had considerable doubts whether the guerrilla fighters had the appropriate technology to perform such an attack. Therefore, Iranians who were just victims of the attack were quickly identified as complicit in them.