In a statement released on Friday, Iran National Tanker company denied reports it claimed missiles struck the Iranian tanker.
The tanker company now backtracked and said that the missiles that hit the tanker were not from Saudi, according to some media reports.
Oil prices appear to stall the upside on the above headlines, but still holds the latest gains on trade optimism and rising geopolitical tensions.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.