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International Business Times UK
International Business Times UK
World
Aiza Moraña

Drone Strikes US-Owned Tanker at Egypt's Damietta Port, Oil Prices Surge Past $90 as Egypt Denies Attack

Egypt United States Damietta Drone Oil
A drone allegedly struck a US-owned tanker at Egypt's Damietta port, causing a fire and raising oil prices. (Credit: Photo by Matias Luge on Unsplash)

A drone allegedly struck a US‑owned gas storage tanker at Egypt's Mediterranean port of Damietta on Wednesday, sparking a fire on two vessels and sending global oil prices above £71 ($90) a barrel, according to maritime security reports.

The incident came against a backdrop of rising tensions across the Middle East, with Iran launching missile strikes at American forces in Jordan and the US and Saudi Arabia targeting Iran‑backed paramilitaries in Iraq.

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