European gas futures climb amid Strait of Hormuz tensions

The article addresses the escalating tensions in the Strait of Hormuz, where European natural gas futures rose by 2.7% due to the worsening events in the region. The Iranian Foreign Ministry confirmed that the United States bears full responsibility for the escalation, while the Revolutionary Guard announced a fire on a oil tanker that collided with two mines while unlawfully passing through the strait. Additionally, sources reported that the Revolutionary Guard forces are monitoring preparations to launch missiles equipped with sea mines toward the strait. Israel carried out an explosion in the town of Sarbin and conducted artillery shelling in Nabatieh, amid Iranian condemnations emphasizing the necessity of responding to any external military attack.

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