Updated

A tanker was struck by multiple projectiles off the north coast of Qatar, the UK Maritime Trade Operations agency reported, amid a broader rise in attacks on vessels transiting the strategically vital Strait of Hormuz. The incident heightened fears of a wider confrontation involving Iran, with oil prices swinging sharply on supply concerns before easing on speculation of reserve releases. US stock markets slid as investors reacted to the volatility, reflecting broader anxiety about renewed Iran-related conflict risks affecting global energy markets and shipping routes.