Fires on tankers in the Middle East continue, even though the market is considered an escalation of the conflict. Oil prices hit two-month lows on Tuesday after U.S. administration officials downplayed the need for further military action against Iran, with analysts pointing to President Donald Trump's more dovish tone after the Republican defeat in the Nov. 3 election. New evidence of strikes on the vessels of the Strait of Hormuz and the energy infrastructure in the Middle East appeared in recent days. The Institute for Near East Policy said there was a slight decrease in attacks in November. In October, 37 ships were attacked, the highest monthly number since the outbreak of the war. On Sunday, videos emerged on social media, confirmed by Reuters, showing the burning Navig8 tank off the coast of Oman; An image from the EU's Copernicus satellite Sentinel-2 captured a large cloud of black smoke at the same location. Iran's IRIB news agency, citing the Islamic Revolutionary Guard Corps' navy, said it was one of three tanks detained on Sunday for using unauthorized routes through the layer. The tool is powered by Navig8, which is owned by ADNOC Logistics & Services. American forces continued to enforce a naval blockade of Iranian ports. U.S. Central Command said a U.S. warplane shot down and disabled a St. Kitts-flagged cargo ship attempting to leave regional waters after calling at an Iranian port on Saturday. Attacks in the layer caused damage to the environment, the oil leaked from damaged tanks.

Fires on tankers in the Middle East continue, even though the market is considered an escalation of the conflict. Oil prices hit two-month lows on Tuesday after U.S. administration officials downplayed the need for further military action against Iran, with analysts pointing to President Donald Trump's more dovish tone after the Republican defeat in the Nov. 3 election. New evidence of strikes on the vessels of the Strait of Hormuz and the energy infrastructure in the Middle East appeared in recent days. The Institute for Near East Policy said there was a slight decrease in attacks in November. In October, 37 ships were attacked, the highest monthly number since the outbreak of the war. On Sunday, videos emerged on social media, confirmed by Reuters, showing the burning Navig8 tank off the coast of Oman; An image from the EU's Copernicus satellite Sentinel-2 captured a large cloud of black smoke at the same location. Iran's IRIB news agency, citing the Islamic Revolutionary Guard Corps' navy, said it was one of three tanks detained on Sunday for using unauthorized routes through the layer. The tool is powered by Navig8, which is owned by ADNOC Logistics & Services. American forces continued to enforce a naval blockade of Iranian ports. U.S. Central Command said a U.S. warplane shot down and disabled a St. Kitts-flagged cargo ship attempting to leave regional waters after calling at an Iranian port on Saturday. Attacks in the layer caused damage to the environment, the oil leaked from damaged tanks.