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U.S. Navy Confirms "Incident" Off Coast Of UAE As Oil Tanker Burns

From zerohedge.com

The U.S. Navy's Fifth Fleet has just confirmed there's an incident off the coast of UAE'S SHARJAH but didn't describe what was happening. The "incident" comes hours after Yemen's Houthi rebels launched a missile attack on a Saudi Aramco facility, but an official report has indicated missile defense systems intercepted the projectiles before they could hit their intended targets. Tensions in the Middle East are surging again as crude plunges almost 20%, or just about the technical level of declaring a bear market, in 14 sessions as the coronavirus outbreak across China has traders more worried about a reduced ... (full story)

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