Russian ForeignMin: Too early to assign blame for explosion on Iranian tanker – RIA

Following the Iranian oil tanker attack earlier this Friday morning, Russia’s Foreign Ministry told Reuters that it was too early to assign blame for an explosion on an Iranian oil tanker in the Red Sea near Saudi Arabia.

• Iranian tanker explosion said to be caused by missiles – SHANA
• Iran  National Tanker company denied reports it claimed missiles struck the  Iranian tanker

Both crude benchmarks are reversing the previous gains, with WTI back below the 54 handle while Brent looks to test 59.50.