Rolling coverage of the latest economic and financial news, as tanker fires send crude prices soaring

• Oil tanker incident in Gulf of Oman
• Two tankers hit - Front Altair and Kokuka Courageous
• Oil jumps over 3%, lifting Brent crude to $62/barrel
• Tanker manager: Crew safe after suspected attacks

2.04pm BST

Iran hasn’t said who it thinks is responsible for today’s attacks off its coastline.

But on Twitter, foreign minister Javad Zarif has described the attacks as beyond suspicious:

Reported attacks on Japan-related tankers occurred while PM @AbeShinzo was meeting with Ayatollah @khamenei_ir for extensive and friendly talks.

Suspicious doesn't begin to describe what likely transpired this morning.

Iran's proposed Regional Dialogue Forum is imperative.

2.00pm BST

Here’s the key line from president Rouhani’s speech on Iranian TV:

“Security is of high importance to Iran in the sensitive region of the Persian Gulf, in the Middle East, in Asia and in the whole world. We have always tried to secure peace and stability in the region.”