EU Market Open: US-Iran conduct tit-for-tat strikes, lifting crude benchmarks; DXY flat in holiday-thinned conditions
US launched strikes against three Iranian crude oil tankers on Saturday, which destroyed one. A move in retaliation for the IRGC targeting US Navy warships with ballistic missiles. Iran’s navy also targeted three oil tankers that were travelling through unauthorised routes in the Strait of Hormuz.Ir