US Navy Seizes Iranian Tanker, Oil Prices Surge

0:00On April 20, tensions are boiling in the Gulf of Oman after Iran launched drone attacks on U.S. military ships, according to their own news agency. No damage reported so far, but this follows a bold U.S. Navy raid on Sunday, where troops from the USS Spruins stop the Iranian flag tanker, Mi-V. Tuska dead in its tracks. The massive ship, nearly 900 feet long, ignored warnings and tried to bust through the American naval blockade that started on April 13th. U.S. forces fired into the engine room, took full custody, and Marines are now checking the cargo, it's under Treasury sanctions for past shady dealings. President Trump bragged about it on Truth Social, calling it a win against Iran's blockade runners. Iran fired back, labeling the raid armed piracy and a ceasefire violation, while announcing they're shutting the straight-of-war moves to commercial. Tankers again, oil prices jumped hard, Brent crude up almost 5% to $94.66 a barrel,

1:01West Texas Intermediate over 5%. To $88.55, as markets freak over supply risks, meanwhile, a U.S. team led by Vice President J.D. Vance has the Pakistan for talks with Tehran, trying to hold that fragile two-week ceasefire together. Amid these fresh clashes.