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The UK Maritime Trade Operations Centre says it has received a report of an "unknown projectile" striking a ship off the coast of Fujairah, United Arab Emirates. It said the strike damaged the vessel's steel plating, but there "has been no fire or water intake". The crew are reported safe, and authorities are investigating, the UKMTO added.

@ Aspers you back in BP.

US same as yesterday taking Poo back down

Dollar up

US warns of Iranian attack on Saudi oil city as Trump tells Tehran it's 'too late' to talk.

On BBC On Line

So many different story's going about

US warns of Iranian attack on Saudi oil city as Trump tells Tehran it's 'too late' to talk

Shell PLC

82.64 USD

1.90%

Chevron Corp

189.65 USD

0.084%

Exxon Mobil Corp

151.99 USD

All down over in the US and BP ?

Worth a read.

https://www.morningstar.com/news/marketwatch/2026030340/the-global-economy-is-facing-untold-damages-even-if-the-iran-war-ends-tomorrow-warns-this-energy-expert

Like a yo yo

Some dodgy things happening

Yes i was expecting £5 with Poo @$85 if not higher

Something not right Poo hitting $83 and Shell & BP are not moving North ?

Stanleyb

What's your angle are you shorting Poo Bp ?

Would have thought £5 was nailed on this morning "

Poo @ $81+ Shell in the red and BP can't find it's legs to get to £5

Would have thought £5 was nailed on this morning ,

The US and Israel’s war with Iran has spilled over into the Strait of Hormuz, one of the world’s most critical energy chokepoints, prompting a surge in oil prices.

On Monday, an IRGC commander declared the strait was “closed” and that any vessel attempting to pass through would be set “ablaze”.

As of Tuesday, oil prices have risen for a third day, with the Brent crude future nearing $80. There are fears that the price of a barrel of oil could go up to $100 in the coming days if the war continues.

The Strait of Hormuz, which lies between Iran and Oman, is one of the world’s most critical oil transit routes, with roughly 20 percent of global oil supplies passing through it.

Any disruptions there will further send crude prices soaring and raise fears of a regional escalation.

The majority of the crude oil shipped through the Strait of Hormuz goes to Asia, with China, India, Japan, and South Korea accounting for nearly 70 percent of shipments, according to the US Energy Information Administration.

Apart from oil, energy products facing supply pressures include jet fuel and liquefied natural gas.

Some 30 percent of Europe’s supply of jet fuel originates from or transits via the strait, while one-fifth of the global supply of LNG passes through the waterway.

The US and Israel’s war with Iran has spilled over into the Strait of Hormuz, one of the world’s most critical energy chokepoints, prompting a surge in oil prices.

On Monday, an IRGC commander declared the strait was “closed” and that any vessel attempting to pass through would be set “ablaze”.

As of Tuesday, oil prices have risen for a third day, with the Brent crude future nearing $80. There are fears that the price of a barrel of oil could go up to $100 in the coming days if the war continues.

The Strait of Hormuz, which lies between Iran and Oman, is one of the world’s most critical oil transit routes, with roughly 20 percent of global oil supplies passing through it.

Any disruptions there will further send crude prices soaring and raise fears of a regional escalation.

The majority of the crude oil shipped through the Strait of Hormuz goes to Asia, with China, India, Japan, and South Korea accounting for nearly 70 percent of shipments, according to the US Energy Information Administration.

Apart from oil, energy products facing supply pressures include jet fuel and liquefied natural gas.

Some 30 percent of Europe’s supply of jet fuel originates from or transits via the strait, while one-fifth of the global supply of LNG passes through the waterway.

Sorry double post

Poo has jumped so could be a few more ships hit and on fire

Sigehts is that today as i have Sundays News

Iran's Revolutionary Guards (IRGC) said they hit three British and American ships in the Persian Gulf and Strait of Hormuz on Sunday - as footage showed a tanker dramatically bursting into flames.

Sigehts is that today as i have Sundays News

Iran's Revolutionary Guards (IRGC) said they hit three British and American ships in the Persian Gulf and Strait of Hormuz on Sunday - as footage showed a tanker dramatically bursting into flames.

And Iran said they don't

Https://www.morningstar.com/news/marketwatch/20260301145/the-whole-world-is-watching-this-critical-energy-chokepoint-as-iran-conf

Some News outlets say Hit Some say just shut down

Saudi Arabia's Ras Tanura oil refinery came under attack from Iranian drones on Monday morning, causing fire at the complex, authorities said. The incoming drones were intercepted, a Saudi military spokesperson said. Later on Monday, the oil refinery's operations were temporarily halted as a precaution.

Aramco just hit.

Link please

How much of our pants are we going to get pulled down today.

Will be topping up on the fall GLA