Tanker Attacks In Gulf of Oman Fuel Security, Oil Supply Fears

Attacks on two oil tankers on Thursday in the Gulf of Oman left one ablaze and both adrift, shipping firms said.

The attacks driving oil prices up 4% over worries about Middle East supplies.

The Front Altair was on fire in waters between Gulf Arab states and Iran after an explosion that a source blamed on a magnetic mine.

The crew of the Norwegian vessel were picked up by a vessel in the area and passed to an Iranian rescue boat.

A second Japanese-owned tanker was abandoned after being hit by a suspected torpedo, the firm that chartered the ship said.

The crew were also picked up.

The attacks were the second in a month near the Strait of Hormuz, a major strategic waterway for world oil supplies.
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