US-owned gas storage tanker

Oil prices remained stable despite renewed US-Iran attacks and a drone strike in Egypt that damaged two ships. Shipping through the Strait of Hormuz and Bab el-Mandeb is severely disrupted, with Qatar scrambling to secure LNG supplies and the Houthis considering transit fees.

A drone hit a U.S.-owned gas storage tanker at Egypt's Mediterranean port of Damietta, according to British maritime security firm Ambrey. Egypt's petroleum ministry confirmed a fire at the port but did not mention the drone attack or provide a cause.

An explosion occurred at Damietta port in Egypt after a drone hit a US-owned gas storage tanker. Local authorities responded promptly, and the involved vessels have been safely relocated outside the port area, according to port services firm Inchcape.