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Tesco latest to warn abut Red Sea disruption as tensions mount
TSCDYTesco(TSCDY) Proactive Investors·2024-01-11 14:32

Tensions in the Red Sea have continued to escalate with reports that an oil tanker embroiled in a dispute between the US and Iran has been seized off the coast of Oman. According to reports from UK maritime authorities the raid was carried out by individuals in military-style uniforms. The seizure comes as threats to shipping in the Middle East are already at the highest level in decades with the Royal Navy's HMS Diamond already shooting down drones aimed at tankers as part of a US-led Western naval fleet s ...