HOUSTON, July 14 (Reuters) - Grades mostly rose on Tuesday, dealers said, after oil tankers were attacked in the Strait of Hormuz in the latest escalation in the strategic waterway, fueling energy supply concerns.
One Indian crew member was killed and eight others were wounded when two Emirati oil tankers were struck by Iranian cruise missiles in the strait, the United Arab Emirates Ministry of Defence said on Tuesday.
Abu Dhabi National Oil Company's shipping arm, ADNOC L&S, later confirmed the very large crude carriers (VLCCs) Mombasa B and Al Bahyah were struck while transiting Hormuz and had sustained "significant damage".
U.S. President Donald Trump stepped back from a proposal to charge a 20% transit fee to guard the vital Strait of Hormuz waterway as part of the conflict with Iran, saying on Tuesday he would instead seek investment deals with Gulf states.
The price of Brent crude oil futures for prompt delivery rose on Tuesday to a one-month high over the price for oil six months later as traders priced in renewed risks to Middle Eastern supplies and shipping through the strait.
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