Drone Hits Tanker in Hormuz as Iran Demands Permission for All Ships, Oil Spikes Over 5% This Week

A commercial tanker was struck by a drone in the Strait of Hormuz on Thursday, the UK Maritime Trade Operations (UKMTO) confirmed, sending Brent crude toward $88 per barrel and extending oil’s weekly gain past 5%. The strike landed on the same day Iran’s military command declared that no vessel can transit the waterway without