Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
(Updates with sources, details. Previous SINGAPORE)
DUBAI, June 13 (Reuters) - Two tankers were hit in suspected attacks in the Gulf of Oman and the crew have been evacuated, shipping sources said on Thursday, a month after a similar incident in which four tankers in the region were struck.
The United Kingdom Maritime Trade Operations, part of the Royal Navy, earlier said it was aware of an incident in the Gulf of Oman.
"UK and its partners are currently investigating," the group said without elaborating.
Oil prices surged by 4% after the report that raises tensions in the Gulf, which have been heightened by a dispute between Iran and the United States.
The area is near the Strait of Hormuz, a major strategic waterway through which a fifth of global oil consumption passes from Middle East producers.
Two tankers, the Marshal Islands-flagged Front Altair and the Panama-flagged Kokuka Courageous, had been evacuated and the crews were safe, four shipping and trade sources said.
There was no immediate confirmation from ship operators or authorities in Oman or the United Arab Emirates, in whose territorial waters four tankers were hit last month.
The shipping newspaper Tradewinds reported that a tanker owned by Norway's Frontline had been struck by a torpedo off the coast of Fujairah, one of the emirates in the United Arab Emirates. It cited unnamed industry sources.
Frontline was not immediately available for comment.
One shipping broker said there had been an explosion "suspected from an outside attack" that may have involved a magnetic mine on the Kokuka.
"All crew safely abandoned the vessel and was picked up by Vessel Coastal Ace. Kokuka Courageous is adrift without any crew on board, the source said.
Another source said the Front Altair reported a fire caused by a "surface attack" and that the crew had been picked up by nearby vessel Hyundai Dubai.
The UAE had said that the May 12 attacks on four vessels off the coast of Fujairah, a main bunkering hub, were likely caused by limpet mines and bore the hallmarks of an operation most likely by a state actor.
Saudi Arabia's envoy to the United Nations blamed Iran. Tehran has denied any involvement.
(Reporting by Koustav Samanta and Jessica Jaganathan in Singapore, Rania El Gamal in Dubai and Terje Solsvik in Oslo; Editing by Richard Pullin and Edmund Blair and Jon Boyle)