UKMTO reports two projectiles strike tanker off Saudi Arabia's coast

The UK Maritime Trade Operations (UKMTO) said on Monday that a tanker sailing southeast through the Arabian Gulf was struck by two unidentified projectiles approximately 72 nautical miles east of Ras Al Khafji, Saudi Arabia, Reuters reported.

According to the UKMTO, the projectiles struck the vessel on its port side, which said all crew members were accounted for following the incident.

Market reaction

At the time of writing, the West Texas Intermediate (WTI) is down 1.66% on the day at $100.40.