An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai early on Tuesday in one of the most significant attacks on a vessel in a month of war, pushing oil prices higher and heightening tension around the vital Strait of Hormuz.
The White House threatened further escalation of attacks on Iran, including critical civilian energy infrastructure, as the fifth week of war jolts global markets with little sign of relief.
China has exported cargoes of diesel and other fuels to energy-starved countries across Southeast Asia over the weekend, in what could be a signal of support despite export curbs imposed earlier this month.
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