IRGC Says Non-Compliant Tanker Hit by Sea Mine South of Hormuz; Brent Near $108

The IRGC navy said a non-compliant tanker was hit by a sea mine south of the Strait of Hormuz; no independent maritime authority had confirmed it. UKMTO counted at least 10 vessels attacked in the week to Oct 16, the highest weekly count of the crisis. Brent settled at $109.86 on Oct 16, its first close near $110 since May, and traded around $108 on Oct 19.