In Brief…
- Oil prices rose Monday as concerns over the Iran war and restricted shipping through Hormuz persisted, with Brent settling above $90 a barrel.
- A vessel was struck by an unknown projectile while sailing out of the Strait of Hormuz on Tuesday, damaging its engine room and injuring a crew member, UK Maritime Trade Operations said.
- President Donald Trump dismissed reports of food shortages aboard the USS Abraham Lincoln as “fake news,” saying the aircraft carrier and its crew were being well taken care of during their extended deployment in the Middle East.
This is a developing story that HO1 will continue to monitor.
Check back for updates.
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