Oil prices surge after suspected tanker attack near Iran
Updated : June 13, 2019 03:09 PM IST
The Marshall Islands-flagged Front Altair carrying naphtha and the Panama-flagged Kokuka Courageous carrying methanol have been evacuated and the crews were safe, shipping sources said.
Brent crude futures were up $1.71, or 2.85 percent, at $61.68 a barrel by 0908 GMT, having risen as much as 4.45 percent to $62.64.
US West Texas Intermediate crude futures were up $1.25, or 2.44 percent, at $52.39 a barrel. WTI earlier rose as much as 3.85 percent to $53.11.
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