Brent tops $117 as gold slides to November low on Iran supply fears

Brent crude has topped $117 a barrel while gold fell 2% to $3,944 an ounce, its lowest level since November, on Iran war supply fears.

• Britain's UKMTO reported a tanker was struck by explosive devices in the Strait of Hormuz on Friday.
• The Houthis said they attacked Saudi refineries Ras Tanura and Rabigh and an Aramco facility in Buqayq.
• Freight costs for Gulf crude have reached about $40 a barrel, roughly ten times the usual rate, according to LSEG data.
• Trump said Vice President Vance contacted Iran over medical supplies, and Tasnim reported Tehran received the message without replying.