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Infographic: Iran tanker trouble in Red Sea highlights oil risks

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Infographic: Iran tanker trouble in Red Sea highlights oil risks

London — Oil prices jumped Friday after Iran's state shipping company said one of its Suezmax tankers in the Red Sea carrying 1 million b/d of crude had spilled oil after two "separate explosions, probably by missile hits" occurred.

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The incident follows the attacks last month on Saudi oil infrastructure and a number of tanker-related incidents in the Strait of Hormuz chokepoint earlier this year, which have raised geopolitical risks in the world's biggest oil producing basin.

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