An explosion rocked an LNG vessel at Egypt's Damietta Port after a drone strike. This incident raises fears of conflict spreading to energy hubs. US and Saudi forces conducted strikes targeting Iran-backed groups in Iraq. Iran confirmed missile launches against US military sites and maritime operations. Global oil prices surged over eight percent following these developments.

A drone hit a US-owned gas storage tanker at Egypt’s Mediterranean port of Damietta, British maritime security firm Ambrey said on Wednesday, citing an

A U.S.-owned LNG floating storage facility was struck by a UAV in Egypt. Strait of Hormuz traffic returns to normal by September 30 at 19.5% YES.