Business & Finance
Iran cites new response plan as vessels report attacks near Arabian Peninsula
A senior Iranian security official warned Tehran has a response plan for renewed attacks, while vessels reported coming under fire.
Latest update: Brent crude settled at $109.86 per barrel after hitting $110, while U.S. West Texas Intermediate rose 3.5% to $101.41.
The short version
- A senior Iranian security official warned Tehran has prepared a new response plan for any renewed U.S.-Israeli attack.[CNBC]
- Shipping vessels around the Arabian Peninsula reported coming under fire in recent days, and UKMTO said a tug was hit near the UAE.[CNBC]
- Brent settled at $109.86 a barrel, a 3.7% gain, while WTI rose 3.5% to settle at $101.41.[CNBC]
- Rezaei said the plan will not follow familiar rules, while Trump said he does not intend to use nuclear weapons or deploy ground troops.[CNBC]
Key facts
- A senior Iranian security official warned Tehran has prepared a new response plan for any renewed U.S.-Israeli attack.[CNBC]
- Mohsen Rezaei said Iran's armed forces have prepared a response to any new act of adventurism that would be far more devastating than past conflicts.[CNBC]
- Rezaei said Iran's new operational plan will not follow rules that its adversaries are familiar with.[CNBC]
- President Trump said last week that he does not intend to use nuclear weapons against Iran or foresee deploying ground troops.[CNBC]
- Shipping vessels operating around the Arabian Peninsula reported coming under fire in recent days.[CNBC]
- UKMTO said a tug near the United Arab Emirates was hit by two unknown projectiles on Sunday.[CNBC]
- Brent futures hit a session high of $110 per barrel, the first time since May, before settling at $109.86, a 3.7% gain.[CNBC]
- U.S. West Texas Intermediate rose 3.5% to settle at $101.41 per barrel.[CNBC]
What remains uncertain
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.