Iran Was ‘Taking It Easy’ on Trump, Says Analyst — Fresh Tanker Strikes Near Oman Raise Fears the War Could Trigger a Bigger Oil Shock

Brett Erickson, Managing Principal at Obsidian Risk Advisors, indicated that Iran's recent strikes on vessels in the Gulf of Oman could escalate tensions and potentially disrupt oil supply, suggesting that the U.S. should reconsider its involvement in the conflict. The UKMTO reported that two vessels, including the 'Petro Dolphin,' were struck, leading to significant damage and the evacuation of crew members, with two Indian mariners reported missing. In response to these developments, West Texas Intermediate crude futures rose by 1.08% to $92.82, while Brent futures increased by 1.31% to $106.09.