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Oil Jumps After Saudis Admit Two Tankers "Sabotaged" Near Strait Of Hormuz

From zerohedge.com

The bizarre and mysterious explosions that rocked the UAE port of Fujairah on Sunday just got even more strange after Saudi Arabia admitted overnight that two of its oil tankers were attacked while sailing toward the Persian Gulf possibly as part of the incident. Crude prices quickly jumped as much as 2% on the news. Throughout Sunday as what was being reported in international press as multiple oil tankers exploding at port, local UAE officials had vehemently denied any explosion, much less that any sabotage incident, took place. But even more interesting is that it was primarily Iran-linked media, beginning with ... (full story)

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