Iran and Israel said on Monday they had halted attacks against each other following an appeal from US President Donald Trump, while US forces simultaneously escalated pressure on Tehran by disabling an oil tanker attempting to reach an Iranian port in defiance of Washington's naval blockade.
A tanker was struck by a projectile in the Strait of Hormuz on Saturday, as US-Iran tensions flared over the vital global energy shipping route, said media reports. Bahrain was also targeted in a drone attack in Tehran’s likely response to overnight airstrikes by the US.
Several ships were hit by suspected Iranian missiles and drones in the Strait of Hormuz on Monday and a UAE oil complex was set on fire. This follows the launch of Project Freedom by US military to end the blockade of the shipping route.
Saudi Arabia’s Ministry of Energy announced the launch of the prequalification process for tenders related to the development, ownership, and operation of tanker-based compressed natural gas (CNG) distribution projects in the Riyadh and Eastern regions.
A liquefied natural gas (LNG) tanker managed by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, Reuters said quoting ship-tracking data.