Oil tanker on fire after strait collision

A giant oil tanker with a capacity of 2.5 million barrels was targeted while crossing the Strait of Hormuz. It was hit 8 kilometers off the coast of Oman, and reports indicate that it is now on fire. The exact reasons for the incident have not been specified, but it comes amid rising tensions in the region. This event coincides with a 4.37% increase in the price of Brent crude oil, reaching $102.31 per barrel, reflecting its impact on the global oil market.

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