ZeroHedge: The “incident” comes hours after Yemen’s Houthi rebels launched a missile attack on a Saudi Aramco facility, but an official report has indicated missile defense systems intercepted the projectiles before they could hit their intended targets.
Tensions in the Middle East are surging again as crude plunges almost 20%, or just about the technical level of declaring a bear market, in 14 sessions as the coronavirus outbreak across China has traders more worried about a reduced demand outlook.
Federal Transport Authority – Land & Maritime (FTA) stated that the UAE authorities are working to put out a fire that broke out aboard an oil tanker 21 miles off the cost of Sharjah after receiving a distress message. A proper investigation is in progress. pic.twitter.com/HE5pEDrUyj— Jaber Al Lamki (@jallamki) January 29, 2020