Hong Kong oil and gas stocks rise as Iran's Islamic Revolutionary Guard Corps blocks two oil tankers

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According to MSX.COM data, Hong Kong oil and gas stocks rose, with China National Offshore Oil Corporation (00883. HK) and China National Petroleum Corporation (00857. HK) rising more than 5%, China Petroleum&Chemical Corporation (00386. HK) rising more than 2%, and Shanghai Petrochemical Corporation (00338. HK) rising nearly 2%. The Iranian Islamic Revolutionary Guard Corps issued a statement stating that two oil tankers attempted to pass through the southern passage of the Strait of Hormuz under the instigation and coercion of the US military, but subsequently exploded and were prevented from continuing their voyage.

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