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A cargo ship carrying wheat sank in the Sea of Azov after coming under attack from Ukrainian drones, a Russia-installed official said on Sunday, leaving one person dead and two missing.Vladimir Saldo, Moscow-installed leader of the Russian-controlled parts of Ukraine's Kherson region, said the attack occurred on Friday but crew members were unable to make known what had happened to them until Sunday."It became known that the reason for the sinking of the Volgo-Balt in the Sea of Azov was a terrorist attack by the Kyiv regime," Saldo wrote on Telegram.He said the crew abandoned ship and was only able to reach shore on Sunday near the village of Strilkove in Kherson region.

Tehran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Tuesday, despite a threat by President Donald Trump that the U.S. will obliterate Iran's energy plants if it does not agree to a peace deal and open the Strait of Hormuz.Authorities in Dubai said the fire on the Kuwait-flagged Al-Salmi had been brought under control following a drone attack, with no oil leak and no injuries to the crew. Kuwait Petroleum Corp, the ship's owner, said the vessel's hull was damaged.The attack was the latest on merchant vessels in the strait, a vital waterway, since the United States and Israel attacked Iran on February 28.

Iran attacked a fully-loaded crude oil tanker at Dubai Port's anchorage on Monday, setting it ablaze and damaging its hull, Kuwait's state news agency reported, citing Kuwait Petroleum Corp, which warned of a possible oil spill.The apparent strike is just the latest in a string of assaults on merchant vessels by missiles or explosive air and sea drones in the Gulf and Strait of Hormuz since the U.S. and Israel attacked Iran on February 28.U.S. crude futures CLc1 rose more than $3 or 2.9% to $105.91 a barrel on news the Kuwait-flagged Al-Salmi tanker had been attacked.

Front-month U.S. crude oil futures were trading at their largest-ever premium over the second-month contract on Thursday as traders scrambled for barrels after U.S. President Donald Trump vowed to continue attacking Iran.Widening backwardation, the market term for immediate deliveries trading at a premium over barrels scheduled for delivery in a later month, suggests investors perceive supplies will be short in the near-term.WTI crude futures for May delivery were trading around $15.70 per barrel higher than the June contract during the session.The U.S.

Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the Latin American country, U.S. Secretary of State Marco Rubio said on Thursday.The U.S. Federal Maritime Commission said last week that it was closely monitoring a surge in detentions of Panama-flagged vessels in China that appears tied to a Panama court ruling against Hong Kong-based port operator CK Hutchison."China's recent actions against Panama-flagged vessels raise serious concerns about the use of economic tools to undermine the rule of law in Panama, a sovereign nation and vital partner for global commerce