Iran 'confiscates' British tanker with 23 crew on board 'for failing to respect maritime rules'

03:45 07/19/2019

Keep a close watch on oil stocks, such as Exxon Mobil XOM Chevron CVX  , and ConocoPhillips COP .  Tensions with Iran could send oil stocks much higher.

Orignal Article.

'Iran has seized a British-registered oil tanker with 23 crew in the Strait of Hormuz.  A second British-owned vessel is also feared to have been captured by Iranian forces.  The Stena Impero was passing through the bottle neck into the Persian Gulf when it turned dramatically to the north at 4pm, UK time.  The vessel was surrounded by heavily-armed small craft and a helicopter and ordered to turn north.'

To read more on this developing story, click here.

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