US Defense Department confirmed seizure of another oil tanker affiliated with Iran in the Indian Ocean amid heightened Middle East tensions.
Iran seized two ships in the Strait of Hormuz, citing retaliation for a U.S. blockade and earlier U.S. seizure.
Crude oil prices rose 1.8% to $103.70 per barrel, staying above $100 as supply concerns persist in the Hormuz chokepoint.
President Trump extended a two‑week ceasefire with Iran, ordered the Navy to shoot mines, and urged intensified mine‑sweeping in the strait.