Attack on gas tanker pushes
Photo: Amirhosein Khorgooi /AP/TT

Attack on gas tanker pushes up European gas prices

The price of fossil gas on the Amsterdam Commodity Exchange is rising by more than 4 percent following reports of an attack on the gas tanker Al Rekayyat off the coast of Oman, at the exit from the Strait of Hormuz.

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The attacked ship belongs to Nakilat, a state-owned shipping company from Qatar, and it appears that it was on its way out of the Persian Gulf fully loaded when it was hit, without signalling its position.

After the attack, another loaded gas ship, the Al Areesh, appears to have aborted a planned passage through the Strait of Hormuz.

Shipping traffic through the strait - which normally accounts for around 20 percent of the world's oil and gas shipments - has been blocked for long periods since the US and Israel began the bombing war against Iran on February 28. However, traffic has resumed after a ceasefire agreement and peace talks were initiated between the US and Iran in June.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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