Disputed Iranian strike on US warship fuels oil volatility
MarketWatch reports oil prices climbed after a disputed claim that Iran struck a U.S. warship in the Strait of Hormuz. The Financial Times notes Iran warned the U.S. navy against entering the strait and that oil later surrendered some gains after Washington denied the strike. The BBC says the United States rejected the Iranian report of missiles hitting a warship and announced it will help guide commercial vessels through the waterway. The three sources differ on the direction of oil movement and on whether the incident is confirmed.
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