Well, Iran did do it,” US President Donald Trump told Fox News. “And you know they did it because you saw the boat.”
After a Japanese and a Norwegian tanker were attacked in the Gulf of Oman on Thursday, the spectre of a world war, an oil shock or, at the very least, yet another Middle East conflict between the US and Iran has kept governments, oil markets and insurance companies on the edge.
Coming on the heels of US sanctions on Iran, Saudi Arabia-Houthi misadventures in Yemen, Saudi-Qatar split and the unending war in Syria, many believe the tanker blow-up has the potential of being a Franz Ferdinand-Gavrilo Princip moment